Posted: Aug 13, 2010 11:06 AM by Melissa Canone
NEW YORK (AP) - A healthcare market research publisher says
global vaccine sales rose by a healthy 16 percent last year.
Kalorama Information reports that sales shot up to $22.1
billion, from $19 billion in 2008.
The firm's researchers are forecasting vaccine sales will rise
at a compound annual rate of 9.7 percent during the next five
years. That would push sales to roughly $35 billion.
Growth will be driven by wider use of current vaccines and
introduction of new ones.
Kalorama publisher Bruce Carlson says for some pharmaceutical
companies, "vaccines were the only bright spot in their portfolio
The Kalorama report notes sales of children's vaccines, which
account for more than half the market, are growing at a faster rate
than adult vaccines.