The market for Cancer vaccines Essay Example | Topics and Well Written Essays - 750 words

The market for Cancer vaccines - Essay Example Geography is also a decisive factor in the case of market characteristics of cancer vaccines as the demand is global and the producing countries are few which results in geographical constraints as the importing cost is involved. The key obstacle to enter this market includes the likes of authoritarian problem, compensation related matters, high cost implicated in manufacturing an oncology product, and government cost repression measures. Also, fear over the effectiveness and side effects of the vaccine of cancer is appearing to be the barrier in the growth of cancer vaccine market (Findlay, â€Å"Cancer vaccine - A giant leap in cancer treatment†). Incentives as such depend on the country where it is being produced. The research and development work related to the cancer vaccine is very expensive which calls for government subsidies and the incentives are correlated with these. Gears to help authorize cancer patients to assess research studies for which they may be entitled which includes the OncoLink/EmergingMed Clinical Trials Matching Service, which persuades patients to look for and consider medical test for the treatment of cancer. A channel to help one to navigate the territory of corresponding and substituting medicine with instructions and warnings on treatments such as vitamins, herbals, chemicals, acupuncture, diet, meditation and body-mind therapy. It comprises that the preliminary information relating to photodynamic therapy (PDT); an original cancer treatment which works by revealing a photosensitizing medicine to precise wavelength of light to kill cancer cells. Proton therapy is a highly developed form of radiation therapy that is at present in use at a limited number of centers worldwide. Protons are different from straight radiation because the beam can significantly diminish normal tissue revelation to surplus radiation. In today’s world, medical science has come of ages and quite a