Smallpox was an infectious disease caused by the variola virus. According to the US Centers for Disease Control and Prevention (CDC), the disease has been eradicated, with no cases occurring since 1977. However, other diseases such as monkeypox (mpox) and cowpox are still a matter of concern and are caused by viruses belonging to the same family, that is, the Ortho poxviruses family. This is contributing significantly to the growth of the global smallpox treatment market.
According to the CDC, in November 2024, the outbreak of mpox caused more than 100,000 cases in 122 total countries, including 115 countries where mpox was not previously reported. The outbreak was caused by the subclade IIb. To date, no other country has reported cases due to both clades, except the recent travel-associated clade I cases in Canada, Germany, India, Sweden, Thailand, the UK, Zambia, and Zimbabwe.
Global Numbers for Confirmed Mpox Cases and Location, since January 2024
Source: US Centers for Disease Control and Prevention
Note: *** Locations include countries, territories, and other areas.
According to the European Medicines Agency, Tecovirimat SIGA can treat smallpox, monkeypox, and cowpox. It is also used to treat potential complications caused by the vaccination against smallpox. The drug can be used for adults and children weighing at least 13 kg. In addition to tecovirimat, brincidofovir, and globulin intravenous, among others, are the common drugs used to treat smallpox. Furthermore, these drugs are critical to the treatment of other diseases such as mpox. The rising incidence of mpox is promoting R&D in the market.
Additionally, Tecovirimat, brincidofovir, and globulin intravenous are a cure for various other medical conditions, such as relapse or refractory lymphoma including NK/T-cell Lymphoma, Primary Immunodeficiencies (PID), adenovirus (AdV) infection after hematopoietic stem cell transplantation, and neuromuscular disability and impairment in adults with Chronic Inflammatory Demyelinating Polyneuropathy (CIDP), among others. This is propelling the growth of the global smallpox treatment market.
Owing to the increasing applications of the drugs used to treat smallpox, the government is making significant efforts to strategically regulate the production and use of such drugs, bolstering the global smallpox treatment market. For instance, in August 2024, BARDA procured $112.5 million worth of oral Tecovirimat (TPOXX) treatment courses, as part of ongoing and long-planned national preparedness efforts for emergencies involving smallpox.
Additionally, in July 2023, the US government ordered $113 million for Siga Technologies’ oral TPOXX treatment courses and $25 million for the intravenous version of TPOXX for the Strategic National Stockpile.
The major players in the global smallpox treatment market include SIGA Technologies, Bavarian Nordic, EpiVax, Inc., CEL-SCI, Chimerix, Nano Therapeutics, Pvt Ltd, and Oncovir, Inc., among others. The market players are contributing significantly to the market growth by adopting various business strategies such as product development, R&D investments, partnerships, and mergers and acquisitions. For instance, in September 2024, Emergent BioSolutions Inc. secured approximately $400 million in orders in 2024 and 2025, for its vaccinia, smallpox, and mpox product portfolio. This includes the previously disclosed US government contract modification to procure ACAM2000®, (Smallpox and Mpox (Vaccinia) Vaccine, Live), and CNJ-016® [Vaccinia Immune Globulin Intravenous (Human)] (VIGIV) contract options exercised in 2023 and 2024.