LONDON–(BUSINESS WIRE)–Technavio has announced the top four leading vendors in their recent global dengue vaccine market report from 2017-2021. This market research report also lists four other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The global dengue vaccine market is consolidated in nature. Even though players in the market such as Takeda Pharmaceuticals, Merck Sharp & Dohme, and GlaxoSmithKline, are prominent but Sanofi Pasteur holds the monopoly in the global dengue vaccine market with its product, Dengvaxia, which has been approved in 15 countries.
According to Sapna Jha, a lead analyst at Technavio for infectious and rare diseases, “Several R&D efforts by companies are implemented to develop new products. Collaborations are being made by organizations on research and development of molecules to challenge Sanofi Pasteur’s monopoly in the market.”
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Technavio market research analysts identify the following key vendors:
GlaxoSmithKline is a global healthcare company engaged in the research and delivery of innovative medicines, consumer healthcare products, and vaccines. The company is focused on cost reduction programs in consumer healthcare, vaccines, and pharmaceuticals. GlaxoSmithKline holds a strong portfolio of vaccines. The company gains strength from its combined expertise in bacterial infection, virology, and technological platforms. GlaxoSmithKline focuses on continuous innovation through its rigorous R&D efforts and collaborations with other companies for product development. TDENV-PIV is in Phase I clinical trials. It is a purified inactivated vaccine.
Merck Sharp & Dohme
Merck Sharp & Dohme is a global healthcare leader. The core product categories of the company are vaccines and diabetes, cancer, and acute hospital care. Robust R&D activities and a significant product pipeline are expected to fuel the company’s business activities. The company focuses on the development of a strong pipeline and investment in new technologies. The company's dengue molecule, V180, having the advantage of a shorter dosing schedule, will boost the company's revenue. V180 is an inactivated tetravalent vaccine, which is currently in its Phase I clinical trials.
Sanofi is a global player in the healthcare domain. The company holds a wide product portfolio of human vaccines for infectious and rare diseases. It also offers healthcare solutions for multiple sclerosis, cardiovascular problems, and diabetes among others. Sanofi Pasteur is the vaccines division of Sanofi. The company has a strong hold in the European region, which helps it to maintain its leadership position. Sanofi Pasteur is the only company to have approval for its dengue vaccine, Dengvaxia, to be launched in the market. Hence, the company can enter into distribution agreements with other players and increase revenue from the product sales. Dengvaxia is a live attenuated tetravalent vaccine for dengue prophylaxis.
Takeda Pharmaceuticals is a global pharmaceutical company. It has a wide portfolio of multiple therapeutic categories, namely vaccines, oncology, gastroenterology, and the central nervous system. The company strongly focuses on R&D activities for developing innovative products. The expected launch of its product, TAK-003, will provide significant opportunities for market growth. TAK-003 is a live-attenuated dengue vaccine undergoing Phase III clinical trials. In the development trials, TAK-003 exhibited neutralizing antibody responses across all age groups against all serotypes of the DENV. It was found safe and well tolerated as well.
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