SOURCE: Industrial Info Resources

Industrial Info Resources

April 25, 2012 06:40 ET

Vaccines' Allure Remains Solid for Pharma, Attracting $2.5 Billion in North American Capital Investment, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 25, 2012) - Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Vaccines continue to attract the drug industry for the same reasons as they always have. The vaccines sector is a darling in that there always seems to be some government funding involved. That particular flow has been staunched a bit, but this is not expected to last, as the clamor for vaccines never really dissipates. By the end of 2012, the global vaccine market is expected to hit $34 billion in sales. With an estimated annual growth rate of 14% during the next five years, it is believed that vaccines will be the fastest growing therapeutic area, eventually outpacing oncology.

Companies featured: Merck (NYSE:MRK), GlaxoSmithKline (NYSE:GSK), Sanofi Pasteur (NASDAQ:SNY), Pfizer (NYSE:PFE), Novartis (NASDAQ:NVS)

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