Novotech, a global full-service clinical Contract Research Organization (CRO), has released an in-depth whitepaper titled "Vaccines – Global Clinical Trial Landscape (2024)." The report analyzes the evolving vaccine development landscape and provides strategic insights for biotech and pharma stakeholders.
The whitepaper examines trends in prophylactic and therapeutic vaccine trials, highlighting advancements and emerging challenges. Key areas of focus include the expansion of mRNA platforms, innovative delivery methods, and efforts toward equitable vaccine access by organizations like WHO and Gavi.
Emerging Trends in Vaccine Development
The report identifies a shift towards adaptive trial designs, personalized vaccine trials, and novel delivery methods aimed at addressing infectious diseases and cancer. These trends reflect a move towards more targeted and efficient vaccine development strategies.
Regional Analysis: Asia-Pacific's Growing Influence
The whitepaper emphasizes the increasing role of the Asia-Pacific region in vaccine development, particularly in the realm of therapeutic vaccines. This growth is attributed to a combination of factors, including increasing investment in research and development, a large patient population, and streamlined regulatory pathways.
Investment and Regulatory Landscape
The report provides a summary of venture funding and M&A activity, with a focus on infectious and oncology vaccines. It also offers insights into streamlined regulatory processes established after COVID-19, which aim to expedite vaccine approvals and enhance pandemic preparedness.
Novotech's Role in Vaccine Development
Founded in 1997, Novotech is a global CRO that partners with biotech companies to accelerate the development of advanced and novel therapeutics. The company offers a comprehensive suite of services, including laboratories, Phase I facilities, drug development consulting, and regulatory expertise. Novotech has experience with over 5,000 clinical projects, including Phase I to Phase IV clinical trials and bioequivalence studies.