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Rabies Vaccines Market Witnesses Upward Trend Due to Increasing Number of Companion Animals

 


The rabies vaccine is an important vaccine used to protect against rabies, a deadly disease that kills animals in many countries. There are many different rabies vaccines on the market that both effective and safe. They may be used as a preventative measure to prevent rabies in time of exposure, prior to, and after, contact with the rabies-causing virus, which is most commonly acquired by a dog bite or other animal bite. Rabies is one of the most severe zoonotic diseases that can infect humans through bites of animals such as raccoons, dogs, cats, bats, and foxes.

Global Rabies Vaccines Market- Drivers

Key players are focused on research and development strategies which are expected to drive the global rabiesvaccine market growth during the forecast period. For instance, in 2017, CPL Laboratories (India), a joint venture biotechnology company established in 2009 by Novavax Inc., USA and Cadila Pharmaceuticals Limited, stated that Nano- particle vaccine of baculvirous-derived glycoprotein, a four dose regime vaccine is in phase-3 human trial, and is expected to be approved by 2021.

 

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