Anti-venom is a medication used to treat poisonous animal bites, such as those from snakes, scorpions, spiders, jellyfish, stonefish, and others. There are two subcategories of anti-venoms: monovalent and polyvalent. The World Health Organization (WHO) defines monovalent anti-venoms, also referred to as monospecific anti-venom, as anti-venoms that are only used against one type of venomous snake or against a small number of closely related species, and whose venoms exhibit clinically effective cross-neutralization with anti-venom. The main drivers of market expansion are a strong pipeline and the regular approval of new anti-venoms.
The global Anti-Venom Market size was valued at US$ 504.9 Mn in 2018, and is expected to witness a CAGR of 4.7% during the forecast period (2018 – 2026).
Major Players in the Anti venom Industry:
1. BTG plc
BTG plc was founded in 1991 and it’s headquarter in London, United Kingdom. The Company operates in 91 countries..
2. Laboratorios Silanes
Laboratorios Silanes was launch in 1946. And its headquarter Mexico City, , Mexico. It operate over 70 country. Laboratorios Silanes one of Mexico's oldest and largest is specialized in fabotherapic (anti-venom) vaccine products..
3. CSL Limited
CSL Limited, was launch in 1916 and it’s headquarter located in Melbourne, Australia.it operate over 100 country. In 2020 CSL Limited today announces that its subsidiary, CSL Seqirus, has entered into a collaboration and license agreement
4. Pfizer, Inc.
Pfizer Inc. was launch in 1849. And its headquarter - New York, New York, United States. It operate over 40 country
5. Merck & Co., Inc
Merck & Co., Inc. Founded in 1891, its headquarters located in Rahway, New Jersey, United States. The company has eight factories in South Korea and a network of 50 business locations in 66 countries.
6 Bharat Serums and Vaccines Limited
Bharat Serums and Vaccines Limited was launch 1971 and its headquarter Airoli, Navi Mumbai, Mumbai. India. It operate over 45 country. In 2022 Bharat Serums and Vaccines Ltd. (BSV) on Tuesday announced its collaboration with the 'Evolutionary Venomics Lab',
7. Haffkine Bio-Pharmaceutical Corporation Ltd
Haffkine Bio-Pharmaceutical Corporation Ltd Founded in 1964. Its headhunters Mumbai India, with businesses in over 40countries. Haffkine Biopharmaceutical Corporation Ltd.for production of Anti Snake Venom Serum (ASVS) and subsequently shifted to Pimpri from 1952-53 onwards
*Definition: - Anti-venom is a medicine used in the treatment of bite from venomous animals including snake, scorpion, spider, jellyfish, stone fish and others. Anti-venoms are sub-categorized in two types: monovalent and polyvalent.
