Former FDA Commissioner Gottlieb Joins Pfizer

Former FDA Commissioner Gottlieb Joins Pfizer

Former Food and Drug Administration (FDA) Commissioner Scott Gottlieb, MD has joined the board of directors of Pfizer, Inc.—the world’s largest pharmaceutical company and second largest manufacturer of vaccines. Pfizer, which posted total revenues of $53.7 billion in 2018, announced Dr. Gottlieb’s election to the board on June 27, 2019.1 2 3 4 Dr. Gottlieb, […]

Blockbuster Vaccine Sales Drive Higher Earnings for Merck

Blockbuster Vaccine Sales Drive Higher Earnings for Merck

Merck & Co., Inc. reported a strong financial start to 2019, with an eight percent increase in it first-quarter earnings, due partly to vaccine sales. Worldwide sales for the pharmaceutical company in the first quarter reached $10.8 billion, up from approximately $10 billion in the first quarter of 2018. Merck attributed the overall growth to […]

Global Vaccine Market Forecast to Surpass $50 Billion by 2024

Global Vaccine Market Forecast to Surpass $50 Billion by 2024

The global vaccine market is forecast to reach $50.9 billion by 2024, according to a new study released by Market Study Report of Selbyville, Delaware. This projection would represent an increase of 30.45 percent over today’s vaccines market, estimated at $35.4 billion, or a compound annual growth rate of about 6.2 percent.1 2 The revenue […]

Popular DNA Testing Company Signs $300 Million Deal With Big Pharmaceutical Company

Popular DNA Testing Company Signs $300 Million Deal With Big Pharmaceutical Company

It might be time for people to reconsider before they spit in a tube. Online genetic testing services are wildly popular. Many people use services such as 23andMe and Ancestry.com to learn about their ancestral pasts. Many also use these services to gain more profound insights into their biological makeup, which is often used to […]

Global Vaccine Market Projected to Surge to $58 Billion by 2025

Global Vaccine Market Projected to Surge to $58 Billion by 2025

The global vaccine market is expected to surge to $57.5 billion by 2025, up from $33.7 billion in 2018, according to new figures from market research firm Research and Markets of Dublin, Ireland. The 7.9 percent compound annual growth rate (CAGR) predicted for the next 20 years is attributed to “increasing government initiatives towards immunization,” […]

FDA Official Uses Revolving Door to Join BioTech Company Developing mRNA Vaccines

FDA Official Uses Revolving Door to Join BioTech Company Developing mRNA Vaccines

U.S. Food and Drug Administration (FDA) official Wellington Sun, MD has been hired by biotechnology company Moderna Therapeutics, Inc. of Cambridge, MA to head its Vaccine Strategy and Regulatory Affairs division. Dr. Sun was director of the Division of Vaccines and Related Product Applications at the FDA’s Center for Biologics Evaluation and Research (CBER) where he […]

Drug Companies Pay FDA and NIH to Fast Track and Market Vaccines

Drug Companies Pay FDA and NIH to Fast Track and Market Vaccines

When it comes to cozy business relationships between government and industry, there is nothing like the lucrative one that Congress has encouraged federal health agencies to create with the drug and vaccine industry. One hand washes the other. Have you ever wondered how some new drugs and vaccines vault to the front of the line […]

Global Vaccines Market Worth $48 Billion by 2025

Global Vaccines Market Worth $48 Billion by 2025

The global vaccines market is projected to reach $48 billion by 2025, according to new estimates detailed in a report from Transparency Market Research. The anticipated cumulative annual growth rate (CAGR) of six percent from 2017 to 2025, however, is lower than the research firm’s previous estimate. In 2016, Transparency Market…

DPT Vaccines Recalled in China

DPT Vaccines Recalled in China

The China Food and Drug Administration (CFDA) announced on November 6, 2017 that batches of the Diphtheria, Pertussis and Tetanus (DPT) vaccine from two companies, Changchun Changsheng BioTech and Wuhan Institute of Biological Products, did not meet national standards

Therapeutic Vaccine Market is Big Business

Therapeutic Vaccine Market is Big Business

When the U.S. Food and Drug Administration (FDA) approved the first “therapeutic vaccine,” which is defined as a therapy that manipulates the immune system, a whole new market opened up for the vaccine industry. Driven as it is by an increasing worldwide incidence of…

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