Vaccine Contract Manufacturing Market - Global
Industry Insights, Trends, Outlook, and Opportunity
Analysis, 2018–2026
Pharmaceutical and biopharmaceutical companies are focusing more on their respective core
strengths to manage the rising price pressure. Thus, the demand for contract manufacturing is
increasing. However, vaccine manufacturing is a complex venture, in which safety, effectivity,
and consistency are the most challenging part for the manufacturers. It offer many services that
include production process, construction and operation of manufacturing product, cell line
development, fermentation, process optimization, and analytical characterization, which fuels
growth of the global vaccine contract manufacturing market.
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Increase in research activities for new vaccines and availability of funds for the same could be
the key growth factor of vaccine contract manufacturing market
Soligenix Inc. received a fund of around US$ 2.5 million for the contract of bioterror vaccine
from National Institute of Allergy and Infectious Diseases (NIAID) in August 2017. The fund is
granted for good manufacturing practices (GMP) of RiVax bulk drug substances and finished
drug manufacturing to conduct future preclinical, clinical, and efficacy studies. Soligenix is
aiming to develop advanced Soligenix's thermostabilization technology (ThermoVax) in
combination with ricin toxin vaccine candidate – RiVax. The studies are conducting to prevent
the effects of ricin exposure.
Colorado State University’s (CSU) vaccine manufacturing facility, BioMARK, is developing a
vaccine against a mosquito borne viral pathogen, which causes Venezuelan equine encephalitis
(VEE). The U.S. Department of Defense (DoD) has funded around US$ 3 million to BioMARK for
the development of this vaccine The purpose of this vaccine is to protect U.S. soldiers from
fatal mosquito-borne pathogen. However, CSU is a subcontractor in vaccine project of Battelle