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The study spotlights each disease individually to give an in-depth examination of the discovery&#44; research and developmental phases of market participants&#46;</p><p class="elsevierStylePara">The significant acceleration of drug approval by the FDA is very encouraging to manufacturers in all markets&#46; Through the Prescription Drug User Fee Act &#40;PDUFA&#41;&#44; the FDA collects fees from drug companies to increase its resources and shorten approval time&#46; The Biotechnology Industry Organization &#40;BIO&#41; is working with the FDA to formulate PDUFA II that would mean a further reduction from 27 to 15 months&#46;</p><p class="elsevierStylePara">Physician and patient acceptance toward therapeutic vaccines is high&#44; especially for life-threatening illnesses such as AIDS and cancer&#46; Once this perception is confirmed by clinical trial results&#44; the market for therapeutic vaccines may expand tremendously as it begins to include patients who previously would not have considered these alternative treatments&#46;</p><p class="elsevierStylePara">&#34;In terms of patient populations&#44; the market opportunity is large&#44; but the types of treatments available on the market will help in defining acceptance by patients&#34;&#44; said Archana Asthana&#44; medical analyst at Frost &#38; Sullivan&#46;</p><p class="elsevierStylePara">&#34;Often&#44; therapies are not available to the average patient&#44; or are highly toxic if available&#46; New products could meet with great success&#44; if they can be effective&#44; accessible and nontoxic&#34;&#46;</p><p class="elsevierStylePara">The first therapeutic vaccine is scheduled to enter the market in 1998 to treat melanoma cancer&#46; Cancer has received encouragement through clinical trials from the targeted population&#44; and the long term effects on survival and recurrence are eagerly awaited&#46; Therapeutic vaccines for breast&#44; stomach and ovarian cancer are also expected to become available shortly after the turn of the century&#46;</p><p class="elsevierStylePara">The positive clinical results from combination triple drug therapy originally caused a stir among AIDS patients&#44; 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Million&#41;</span></td><td><span class="elsevierStyleItalic"> &#40;&#37;&#41;</span></td></tr><tr align="CENTER"><td>1997 </td><td colspan="2"> 0&#46;0</td><td>&#173;</td></tr><tr align="CENTER"><td>1998</td><td colspan="2"> 2&#46;1</td><td>&#173;</td></tr><tr align="CENTER"><td>1999</td><td colspan="2"> 79&#46;4</td><td>3&#44;679&#46;5</td></tr><tr align="CENTER"><td>2000</td><td colspan="2"> 213&#46;5</td><td>169&#46;0</td></tr><tr align="CENTER"><td>2001</td><td colspan="2"> 566&#46;2</td><td>165&#46;1</td></tr><tr align="CENTER"><td>2002</td><td colspan="2"> 721&#46;5</td><td>27&#46;4</td></tr><tr align="CENTER"><td>2003</td><td colspan="2"> 926&#46;8</td><td>28&#46;4</td></tr><tr><td colspan="4"><hr></hr></td></tr><tr><td colspan="4">Compound Annual Growth Rate &#40;1998-2003&#41;&#58; 213&#46;3&#37;<br></br> Source&#58; Frost &#38; Sullivan&#44; Report 5349&#46;</td></tr></table>"
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Article information
ISSN: 03010546
Original language: English
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