BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Sees Hot Market Potential for NanoAb Pipeline

  • The global dermatology pharmaceutics market is booming, with increased public awareness and large unmet needs
  • BiondVax competitor MoonLake Immunotherapeutics share price jumped 128% after positive findings from a Phase 2 trial evaluating Nanobody(R) sonelokimab in patients with moderate-to-severe hidradenitis suppurativa, a painful long-term dermatological condition
  • BiondVax’s NanoAbs address psoriasis and a broad range of other diseases, and with a potentially better safety profile based on administration directly into lesions, rather than MoonLake’s systemic-administration

The global dermatology pharmaceutics market was valued just over $20 billion in 2022 and is expected to surge to nearly $40 billion by 2030, growing at a CAGR of 8.91% during the forecast period ( Dermatology uses pharmaceuticals to control and treat numerous conditions that affect the skin, hair, nails, and more.

BiondVax Pharmaceuticals (NASDAQ: BVXV), an innovative biotechnology company focused on developing, manufacturing, and commercializing potential blockbuster immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, is developing a pipeline of…

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