Earth Science News  





. Global Vaccine Market To Top 23 Billion Dollars

$23.8 billion by 2012 - something else to say "Ouch" about.
by Steve Mitchell
UPI Senior Medical Correspondent
Washington (UPI) Feb 08, 2007
The global vaccine market is expected to top $10 billion this year and $23.8 billion by 2012, according to an analyst report released Friday. Pediatric vaccines have historically dominated this field, but adult vaccines will see a big spike due to increased uptake of influenza and hepatitis vaccines, predicts a report from Kalorama Information. Cancer vaccines will also become a major player in the vaccine market, rising from its current level of $135 million to more than $8 billion by 2012.

"We anticipate phenomenal growth in cancer vaccines," Bruce Carlson, the Kalorama Information editor who worked on the report, told United Press International.

Merck's cervical-cancer vaccine Gardasil is paving the way for this sector. In addition to Gardasil and GlaxoSmithKline's Cervarix, the report projects several other vaccines targeted at different cancers will become significant players.

"One of the bigger ones is Intracel's OncoVAX," Carlson said. "This will be alone in the colon cancer vaccine market," he added, noting that it will generate approximately $1.2 billion by 2012.

Prostate cancer will also be a significant opportunity. Cell Genesys' Gvax and Dendreon's Provenge will lead this area, which is anticipated to be worth $3.2 billion by 2012.

Another top runner is Merck KGaA's lung-cancer vaccine Stimuvax, which is expected to generate $699 million in sales by 2012, Carlson said.

Adult vaccines will rise from $3.7 billion (their total worth in 2005) to $7.5 billion in 2012. The report projects the combined global adult and pediatric vaccine markets will total $15 billion by 2012.

"The fastest growing segment in the adult vaccines area is influenza vaccines," Carlson said. "Hepatitis vaccines, with a projected growth rate of 8-9 percent, are the second fastest growing," he added.

Flu vaccines, which are forecasted to grow by 13.2 percent, will top $4 billion by 2012. The leading flu-vaccine manufacturers include Sanofi and Novartis.

Hepatitis vaccines are projected to reach $1.5 billion by 2012. The top-selling hepatitis B vaccine currently is GSK's Engerix-B.

Decision Resources analysts told UPI their analysis indicates influenza, HIV and cancer will be the biggest growth areas in the vaccine market.

"When you're talking about the overall vaccine market, I think the big interest is in influenza vaccines, HIV vaccines and cancer vaccines," said Aaron Woolsey, an analyst with Decision Resources.

The biggest growth in the flu-vaccine market will come in the area of vaccines for pandemics that could be caused by the H5N1 strain of bird flu.

"With avian flu, the interest in flu vaccine has picked up," Woolsey said.

A number of companies are developing vaccines against the H5N1 strain, including GSK, Sanofi, Novartis and Baxter.

For the regular annual flu vaccine, some companies are working on developing a multivalent vaccine that might protect individuals against five or six variants of flu strains rather than the three offered by current vaccines, Woolsey said. But the main thrust right now is in developing vaccines to protect against a flu pandemic.

Although several pharmaceutical and biotech companies are developing HIV vaccines, Sylvia Eash, also with Decision Resources, said it was unlikely any would pan out in the foreseeable future.

"The experts we talk to say it's a pie in the sky idea and we're not going to see an effective vaccine anytime in the near future," Eash said. A viable vaccine could be more than 15 years away, she added.

A major problem inhibiting development of an effective vaccine is that it's not well understood how the immune system controls HIV infection, if at all.

"That lack of understanding is pretty critical to creating a successful vaccine," Eash said.

In the hepatitis arena, Woolsey said he did not see any major players in development, but Dynavax's hepatitis B vaccine could prove interesting.

This vaccine, which is still in clinical development, is intended to reduce the number of shots required from three to two. But it's too early to project how much revenue that would generate, Woolsey said.

Source: United Press International

Email This Article

Related Links
The science and news of Epidemics on Earth

AIDS Vaccine Closer But Remains Elusive
Washington (UPI) Feb 08, 2007
The launch of the first large-scale AIDS vaccine trial could bring the world one step closer to the elusive goal of preventing the disease's spread, researchers say, but there is still a long road to a marketable vaccine. The trial is "part of a complex and multi-faceted strategy," said Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, which is partially funding the research.

.
Get Our Free Newsletters Via Email
  



  • Catastrophe Bonds A Market Answer To Hail Or High Water
  • Call To Move Indonesian Capital After Deadly Floods
  • UN Warns Of Natural Disasters Linked To Global Warming
  • Ireland Launches Rapid Response Unit For International Crises

  • Global Warming Debate Heats Up In Washington
  • Study Shows Largest North America Climate Change In 65 Million Years
  • White House Issues Rare Letter Defending Record On Warming
  • From Greenhouse To Icehouse: New Clues On Ancient Climate Shift

  • Gascom To Launch 4 Smotr Low-Orbit Remote Sensing Satellites
  • GeoEye Makes Final Debt Payment For The Purchase Of Space Imaging
  • Google Earth To Blur Key India Sites
  • Brazilian Satellite Undergoes Environmental Tests

  • Cold Storage Solution For Global Warming
  • Energy Giant Total To Test Scheme To Store Carbon Emissions
  • Chinese firms win 1.46 bln dollar hydro project in Nigeria
  • Storing Carbon Dioxide Below Ground May Prevent Polluting Above

  • AIDS Vaccine Closer But Remains Elusive
  • Global Vaccine Market To Top 23 Billion Dollars
  • US Overdue For Bird Flu Experts Warn
  • EU Confirms Virulent H5N1 Bird Flu Found At British Poultry Farm

  • Adaptation To Global Climate Change Is An Essential Response To A Warming Planet
  • Electric Fish Shed Light On Ways The Brain Directs Movement
  • Investigating The Invisible Life In Our Environment
  • Return Of Wolves To Britain Would Be Howling Success

  • Facing Jail US Mining Boss Says Pollution Trial A Sham
  • EU To Propose Laws To Fight 'Green Crimes'
  • Cleanup Of SLAC Cooling Tower Leak Complete Workers Investigating Cause
  • Government Selling House Dust For $450 A Unit

  • Human Ecological Footprint In 2015 And Amazonia Revealed
  • Risk Of Extinction Accelerated Due To Interacting Human Threats
  • Carnegie Mellon Student Develops Mood-Sharing Gadget To Help Computer Users Express Their Feelings
  • Selectivity Is Ultimate Aphrodisiac

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement