HerpV, GEN-003 vaccines to drive genital herpes treatment market growth

HerpV is expected to be launched in the US in 2019 and GEN-003 in 2021, with both products launching in the 5EU one year after their US entries. As such, their largest impacts in the 5EU will occur after 2023

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(Photo Courtesy: www.healthcare.globaldata.com)

The global market value for genital herpes therapeutics will increase from approximately $490 million in 2013 to just under $668 million by 2023, largely driven by the introduction of therapeutic vaccines, HerpV and GEN-003, towards the end of the forecast period.

However, the company's latest report states that this expansion, which will occur across the seven major markets (7MM) of the US, France, Germany, Italy, Spain, the UK, and Japan, represents a slow Compound Annual Growth Rate (CAGR) of 3.1%, inhibited by the highly generic nature of the genital herpes treatment space.

According to Dr Daian Cheng, GlobalData's analyst covering infectious diseases, while generic antivirals have been present in the genital herpes therapeutic marketplace for several years, the overall impact of generic erosion is still expected to be substantial across the 7MM.

Dr Cheng explains: "The low price of generic drugs not only will limit the sales of existing treatment, it also poses an entry barrier for new therapies. GlobalData predicts that the patient share of marketed antiviral drugs will further shift from branded to generic versions by 2023.

"Despite these barriers, the rise in the number of treated patients due to natural population increases in the US and five European countries (5EU) will produce moderate market growth. This will be further aided by the launches of Agenus' HerpV and Genocea's GEN-003 during the forecast period."

 

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Cynthia Wilson 11 November 2016 at 04:04 AM

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deanfneilsarah 5 November 2016 at 10:53 PM

Hello!! I’m indeed very happy for the great help that Dr. okorom rendered to me, I was a herpes patient my husband also was a herpes patient, we saw a blog whereby Dr. okorom cured herpes, we (Me and My Husband) decided to contact him which we did, he asked us to buy some items, unfailingly we sent him the money he will need in buying the items required, He castes the spell and asked us to go for check-up after three days of casting the spell, Luckily for us we were tested herpes negative, now I believe all these Testimonies about him on the internet, he is truly a great man, if you want to discuss with me on how he cured us, kindly email me on deanfneilsarah@gmail.com or you can contact the great Herbalist and a spell caster on dr.okoromspellhome@live.com or you can call him via his mobile phone number on +2348158168556'

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