Frequent research and development activities and funding by various organizations is expected to lead to the development of monovaccine in future
Various organizations are focusing on research and development of novel monovaccines or Epstein - Barr virus vaccines, which may spur interest of industry players to conduct research and development in this area of high unmet needs.
For instance, in April 2018, researchers from Fred Hutchinson Cancer Research Center and the University of Washington developed a human antibody in laboratory that blocks infection by mono Epstein-Barr virus or EBV. The development of the antibody along with the site it targets, opens a new path to developing effective monovaccines.
Furthermore, various organizations are involved in granting funding to various universities for development of novel Epstein - Barr virus vaccine. Such funding and investments are expected to support the research and development of vaccines, thereby resulting in the development of novel Epstein - Barr virus vaccine in the near future.
For instance, in 2017, University of Kansas School of Engineering and School of Pharmacy received US$ 1.8 million, five-year grant form National Institutes of Health for conducting research to develop an effective vaccine for EBV.
Figure 1. Global Monovaccine (Epstein - Barr virus) Market, Number of Cases Attributable to EBV Each Year
Source: Coherent Market Insights Analysis (2018)
North America and Europe are expected to be a potential regions for monovaccines in future
High prevalence of Epstein-Barr virus infection and disease associated with it is expected to propel growth of the global monovaccine (Epstein-Barr virus) market. According to data published by Centers for Disease Control and Prevention (CDC) in 2018, Epstein-Barr virus (EBV) is one of the most common human viruses. According to the same source, in the U.S., it was estimated that around nine out of ten adults have antibodies that show that they have a current or past EBV infection.
The number of research and development activities for development of novel monovaccines in Europe are growing in frequency.
For instance, in March 2017, Cancer Research U.K. completed its phase 1b of clinical trials of Modified Vaccinia Ankara (MVA-EBNA1/LMP2) vaccine. It is being used to treat nasopharyngeal cancer patients with positive Epstein-Barr virus infection.
In January 2019, researchers and scientists from the German Cancer Research Center developed a new strategy for a vaccine that targets different EBV virus life phases and has potential to provide effective protection against EBV infection.
Such, initiatives from several organizations for development of novel monovaccines (Epstein - Barr virus) are expected to spur interest of key players to invest in R&D activities.
Figure 2. Global Monovaccine (Epstein - Barr virus) Market, Pipeline Analysis
Source: Coherent Market Insights Analysis (2018)
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