Guest guest Posted June 2, 2008 Report Share Posted June 2, 2008 and of course this is partly behind this: * June 1, 2008 - Adults Now Drive Growth of Vaccine Market - Success of Merck's Gardasil Is Responsible for the Large Increase Seen in this Sector - Genetic Engineering & Biotechnology News - " In 2007, the world market for preventive vaccines totaled $16.3 billion, up more than 38% from $11.7 billion in 2006. The market is predicted to increase at a compound annual rate of 13.1% during 2008. This growth rate is unheard of in other drug categories, especially since this is expected to be a challenging year for the pharmaceutical industry. Few other drug categories will see as many new product introductions and such public-policy attention. The world vaccines market is dominated by five companies: Merck & Co., GlaxoKline, Sanofi Pasteur, Wyeth, and Novartis. The four largest firms, whose reported vaccine sales exceeded $2 billion each in 2007, held a combined 91.5% of the market. " Quote Link to comment Share on other sites More sharing options...
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