Tufts University Study Pegs World Vaccine Sales at $40 Billion by 2020
The value of the world market for vaccines was estimated at $33.1 billion in 2014—up from $24 billion in 2009 and $5 billion in 2000. A new study conducted by Tufts University’s Center for the Study of Drug Development (CSDD) in Boston, MA forecasts annual sales of vaccines around the world will reach $40 billion by 2020. According to a summary of the…
Biomedical Scientist Imprisoned for Fraudulent HIV Vaccine Research
On July 1, 2015, Dong-Pyou Han, a former biomedical scientist at Iowa State University, was sentenced to 57 months in prison for falsifying clinical trial data on HIV vaccines. He was also fined $7.2 million and will be under supervision for three years after his release. The story has been covered extensively by the media in the United States and abroad, including…
CDC Foundation Ties to Industry Raise Conflict of Interest Concerns
Earlier this year, an article published in the British Medical Journal by the associate editor, Jeanne Lenzer, revealed that the U.S. Centers for Disease Control and Prevention (CDC) accepts funding from industy. Lenzer highlights that pharmaceuticals and other types of companies have the ability to fund CDC projects via the CDC Foundation.
Pharmaceutical Companies Developing 270 New Vaccines
The share of biologic-based drugs in the global pharmaceutical market is rising, with more and more products, especially vaccines, emerging from research and development efforts. A driving factor in biologic sector growth is drug company confidence that bigger revenue will be realized from the push to market. As of February 7, 2013, there were 907…
Merck Fraud Case Raises MMR Efficacy Questions
The measles outbreak in the United States this year has fueled fear within the public and among legislators throughout the country intent on eliminating or severely restricting the right to informed consent by people who have questions about the efficacy, safety, and scheduling of certain vaccines. Referring to the outbreak, the director of CDC’s National Center…
Does Pharma Pressure Sway FDA Drug Approvals?
For patients and physicians, the common belief is that all drugs undergo the same rigorous review, but the truth is, the Food and Drug Administration (FDA), which stands as the gatekeeper for the sanction of drug and device products, has flexible standards on what they approve and do not approve. Unknowingly to the public, the federal agency approves drugs based on…
