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London, Nov. 01, 2022 (GLOBE NEWSWIRE) — Roots Analysis has announced the addition of “Antiviral Drugs Market, 2022 – 2035” report to its list of offerings.
The recent COVID-19 pandemic has exposed the lack of effective antiviral therapeutics that can be used for the treatment of re-emerging or emerging viral diseases and has highlighted the need for the development of safe and effective novel antiviral therapeutics. With around 80 approved antiviral drugs, a promising development pipeline, and encouraging clinical trial results, the antiviral drugs market is likely to witness notable growth in the mid to long-term.
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https://www.rootsanalysis.com/reports/antiviral-drugs-market.html
Key Market Insights
Around 80 antiviral drugs have been approved, till date, targeting several infectious diseases
Around 45% of the abovementioned therapeutics have been approved post 2011. Majority of the approved antiviral drugs (~75%) are delivered via oral route of administration. Further, 50% of the drugs are approved for targeting HIV infection, followed by those approved for hepatitis (12%).
Around 430 antiviral drugs are currently being evaluated in clinical trials
Majority (~70%) of the aforementioned therapies are being evaluated in early stages of development (phase I, phase I/II and phase II). Further, around 45% of the drugs are being investigated as solid dosage forms (tablets and capsules).
Partnership activity has grown at an annualized rate of nearly 140%, between 2019-2022
Maximum number of partnerships were established in 2020 (104) and 2021 (82), which indicate the recent surge in the partnership activity in this domain. Majority of these (~20%) were clinical trial agreements. Further, most of the intercontinental, as well as intracontinental deals have been inked by the players based in North America.
Around USD 5.5 billion has been invested by both private and…
Read on GNW: The antiviral drugs market is anticipated to grow at a CAGR