Antidote Market Progresses for Huge Profits During 2016-2024

Rise in the incidence of snake bites is expected to boost the antidote market over the forecast period.

Rise in the incidence of snake bites is expected to boost the antidote market over the forecast period. In addition with better awareness among general population, significance of this condition and better understanding of these antidotes is expected to drive the antidote market during the forecast period.

The use of Antidotes is since the early history of medicine. Antidote is agent that counters the effects of poison or over dosage by another drug. It helps in neutralizing the dangerous effects of a poison in body and has scientific approaches that have been taken to assess the therapeutic value of antidotes. Most important development are related to the role of antidotes in the management of poisoning cases that have incurred in past few years. Various studies for instances, toxicodynamic and toxicokinetic is expected to help in improving the approach taken for the development and evaluation of antidotes.

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In addition due to increasing global concern for the effectiveness of antidotes has resulted in the exchange of knowledge, scientific information and clinical experience between health care professionals and scientists from different parts of the world. The evolution of antidotal therapy has been characterized with the help of new antidotes such as monoclonal antibodies, also by accurate scientific approach for the effectiveness and the complications that may occur, by novel applications of existing pharmaceuticals, and by increased cooperation and collaboration at global level.

According to the World Health Organization (WHO) it is projected per year there more than 5 Mn people globally are bitten by snakes, out of which around 100,000 develop severe sequelae. In India mortality is around 30,000 and in the U.S. it was around 50,000 cases of bites…

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