Governments throughout the world have implemented programs and initiatives to raise STD awareness and offer funding for new drugs to treat the multitude of sexually transmitted diseases being spread. These initiatives are designed to encourage drug companies to develop potent STD drugs.
industry research report provides a competitive look at the market by
type – bacterial infections, viral infections, etc.) and location
(North America, Europe, Asia and ROW).
STD treatment market is extremely competitive with several well-known
vendors – GlaxoSmithKline, PLC, Bristol-Meyers Squibb Company,
Merck & Co, Inc., Johnson & Johnson Services, Inc. and Gilead
Sciences, Inc. – all of them competing for the market based on its
presence, quality and price.
Technavio senior analyst said the STD treatment market has seen a
plethora of advances in the diagnostic technology arena. POC testing
is quickly making it possible for providers and patients to get what
they need since it’s replacing traditional laboratory testing. The
market has also seen some major advancements in molecular
diagnostics, which will make it easier to get STD treatments –
leading to the market’s growth.
Squibb Company –
The company is highly involved in the finding, development,
certifying, engineering, dispensing, marketing and sale of
groundbreaking medicines to treat serious diseases. The company’s
STDs medicines are Baraclude, Reyataz and Sustiva.
Sciences, Inc. –
This company is intent on finding, developing and making
state-of-the-art medicines in places where medical needs are not
being met. Gilead has developed several common STD medications such
as Atripla, Biktarvy, Descovy, Gonvoya, Odefsey, Stribild, Symtuza,
Truvada and Viread.
This company has its hands in many areas of the healthcare industry
such as consumer healthcare, vaccines and pharmaceuticals. Some of
its many drugs offered for sexually transmitted disease treatments
include Cervarix, Fendrix, Juluca, Selzentry, Trivicay and Triumeg.
& Johnson Services, Inc. –
One of the world’s most recognized company has its fingers in all
kinds of healthcare needs – consumer needs, medical devices and
pharmaceutical. It offers the following drugs for STD treatment –
Edurant, Intelence, Prezista, Rezolsta and Symtuza.
Merck & Co., Inc. – Another highly-recognizable name in the industry has reached into many segments such as pharmaceutical, health, healthcare services, etc. Some of the STD drugs it offers include Gardasil, Isentress, Recombivax HB.
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A sexually transmitted disease – HIV, gonorrhea, chlamydia, genital herpes and syphilis, to name a few – can happen to anyone young or old. According to the U.S. Centers for Disease Control, there are roughly 20 million new STD cases each year – with a fraction of those being reported.