1/14/2024 0 Comments Vaccine production companiesThe headquarters of this top vaccine company from France is at Paris and has more than 110,000 employees working around the world. Subsequently, Sanofi later merged with Aventis in 2004 and changed its name to Sanofi in May 2011. Sanofi was established in 1973 as a subsidiary of Elf Aquitane. Sanofi is another of the top vaccine manufacturers in the world specialized in research and development of highly effective vaccination for babies. The annual sales revenue of Merck & Co is estimated to be around USD 40 billion and some of the top-selling vaccines made by this top vaccine company are GARDASIL, RECOMBIVAX HB, RotaTeq, VARIVAX, and ZOSTAVAX. The headquarters of this leading vaccine manufacturer is at New Jersey, US and almost 70,000 individuals work for Merck & Co. Merck & Co was founded in 1891 by George Merck in the US. Merck & Co is considered as among the top vaccine companies in the world and also one of the largest pharmaceutical companies in the world. Around one million professionals are employed by this top vaccine company and the list of vaccines made by GlaxoSmithKline include Ambirix, Boostrix, Menjugate, Rabipur, and Varilix.įind out GlaxoSmithKline’s market share in the global vaccine market 2. GlaxoSmithKline regularly features at the top of the list of vaccine manufacturers and has an annual revenue of more than USD 35 billion. Presently, GlaxoSmithKline is headquartered at London, United Kingdom and the CEO is Emma Walmsley. GlaxoSmithKline is one of the largest vaccine manufacturers in the world and was established in 1873 by Joseph Edward Nathan at Wellington, New Zealand. Read more: MIT’s New Technology in Human Vaccine : Promising to Combine All Childhood Vaccines into a Single Injection Top 10 Vaccine Manufacturers in the World 2020 1. The growth of the leading vaccine manufacturers in the world is driven by the global economic recovery which has led to higher level of disposable income with more people realizing the importance of vaccination for their infants and children to get vaccinated. On classification of vaccines, it is observed there are five types of vaccines presently administered to infants and adults. Most of the active types of vaccines remain in the system as anti-bodies even after they have completed their process of creating a stronger immunity system. Vaccines are basically meant to train and strengthen the immune system to develop resistance against anti-bodies and illnesses by imitating an infection to create a natural immune response. Vaccines work by developing and enhancing the immunity of the body to naturally fight against serious infections and illnesses. For more information about the global vaccine market size, top vaccine manufacturers, and future trends in this market, check Technavio’s Global Vaccines Market Report 2020-2024, or request your Global Vaccines Market Report Sample for FREE How do Vaccines Work? Several leading vaccine manufacturers are spending heavily to develop vaccination for babies and vaccination schedule for adults in the wake of rising number of diseases that can be prevent with vaccines.Īccording to the latest market report from Technavio, the global vaccines market size has the potential to grow by USD 13.81 billion during 2020-2024, registering a strong CAGR of 7% during the forecast period. The list of vaccines that are commonly administered include diseases like chickenpox, diphtheria, influenza, meningococcal, and Hepatitis A. The global vaccine market is expected to register a strong growth over the next five years as there is intense competition among the list of vaccine manufacturers that are placing greater emphasis on the research and development of live vaccines. The recent global pandemic of Covid-19 has also had a huge positive impact on this market as many world’s top vaccine companies are now focused on developing the most effective vaccination to combat this highly infectious and life-threatening virus, known as Coronavirus. The global vaccines industry is forecast to experience a rapid growth spearheaded by the leading vaccine manufacturers in the world who make different types of vaccines.
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