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BURKHOLDERIA INFECTIONS MARKET ANALYSIS

Burkholderia Infections Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Nov 2024
  • Code : CMI153
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical

Market News

Key Developments

Continuous research and development activities are expected to facilitate growth of the burkholderia infections market. For instance, in February 2019, the National Institutes of Health (NIH) awarded a US$ 3.34 million grant to researchers at Case Western Reserve University School of Medicine to research and develop a technique for sensitizing Burkholderia multivorans, a common pathogen found in patients with lung diseases, to antibiotics.

Increasing number of investments by regulatory authorities, as well as private organisations to fund R&D activities is driving the market growth. In August 2019, the Biomedical Advanced Research and Development Authority (BARDA), announced a 2-year grant of up to US $20.7 million to VenatoRx Pharmaceuticals, who will then collaborate with BARDA’s Office of the Assistant Secretary for Preparedness and Response (ASPR), and the Department of Defense’s Defense Threat Reduction Agency (DTRA) to test the efficacy of VNRX-5133 compound in treating pathogens, specifically, melioidosis-causing bacterium Burkholderia pseudomallei.

Moreover, in October 2018, Synspira’s candidate therapy, SNSP113, received the orphan drug status from the U.S. Food and Drug Administration (FDA) for treating bacterial infections such as Burkholderia and non-tuberculous Mycobacteria in patients with cystic fibrosis (CF).

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