A world class Personalized Cancer Vaccines market report is built by chewing over several fragments of the present and upcoming market scenario because an utter way to forecast what future holds is to comprehend the trend today. All this helps to enhance the company’s growth, by subsidizing the risk and improving their performance. This market report takes into account the comprehension of business goals and requirements to bridge the gap by delivering with the most proper and suitable solutions. A profound knowledge of industrial unanimity, market trends and incredible techniques utilized in the credible Personalized Cancer Vaccines report gives client’s an upper hand in the market.
Global Personalized Cancer Vaccines to grow with a substantial CAGR in the forecast period of 2019-2026 Growing rate of prevalence rate of cancer and accelerating demand of novel therapies to prevent of cancer related disorders are the key factors for lucrative growth of market.
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Few of the major competitors currently working in the personalized cancer vaccines market are Neon Therapeutics, Moderna, Inc., Merck & Co., Inc., Gritstone Oncology, Personalis Inc, Genocea Biosciences, Inc., F. Hoffmann-La Roche Ltd, CureVac AG, Celldex Therapeutics, BioNTech SE, Advaxis, Inc, and among others.
- Increases cases of cancer globally
- Growing demand of personalized cancer vaccine production
- Government initiatives and assistance for cancer related preventions
- Robust pipeline of novel therapies under clinical development
- Increase in strategic collaboration between the companies
- High cost involved in the treatment
- Scientific and major technical challenges for production of personalized cancer vaccine
- Inadequate awareness about personalized cancer vaccine in some developing countries
Key Developments in the Market:
In March 2019, Neon Therapeutics, Inc. investigating NEO-PV-01, a novel personalized cancer vaccine cells in a combination with nivolumab that targeting neoantigens and kills their cancer cells.
In September 2016, BioNTech AG and Genentech, Inc. has entered into research collaboration for the development of messenger RNA (mRNA)-based, individualized cancer vaccines for the treatment of broad range of cancer. As per the deal, BioNTech AG receive USD 310 million as a upfront payment and eligible to receive milestone payment.
In June 2016, Moderna, Inc and Merck & Co., Inc entered into research collaboration for the development of mRNA-based personalized cancer vaccines in a combination with keytruda (pembrolizumab) for the treatment of multiple types of tumor. As per the deal, Moderna, Inc. will receive USD 200 million from Merck & Co., Inc. as upfront payment.
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Segmentation: Global Personalized Cancer Vaccines Market
By Cancer Type
- Lung Cancer
- Breast Cancer
- Colorectal Cancer
- Prostate Cancer
- Cervical Cancer
By Mechanism of action Type
- Tumor-associated antigens (TAAs)
- Tumor-specific antigens (TSAs)
- Somatic Mutations in Cancer Pharmacogenomics
- Pharmacogenomics towards Genomic Polymorphism
By Biomaker Type
- Pharmacogenomic Biomarkers
- Prognostic and Predictive Biomarkers
- Immune Checkpoint Biomarkers
By Route of administration
By End users
- Specialty Clinics
- North America
- South America
- Middle East & Africa
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Market Insights in the Report
- To analyze the market size of the market and infer the key trends from it.
- Industry Chain Suppliers of Personalized Cancer Vaccines market with Contact Information
- To inspect the market based on product, market share and size of the product share.
- The various opportunities in the market.
- The report studies the key factors affecting the market.
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