Pharmaceutical Companies Earned Over
Andhra Pradesh ~ India ~ International ~ City ~ Entertainment ~ Business ~ Sports ~ Technology ~ Health ~ Features
Ratan Tata ~ Pranab Mukherjee ~ Forex Rates ~ Bullion Rates ~ RBI ~ SEBI ~ Stock Markets
Home / Business News / 2010 / May 2010 / May 10, 2010
Pharmaceutical Companies Earned Over $3 Billion on H1N1 Vaccine: Report
RSS / Print / Comments

Twitter

LG Electronics Introduces Innovations at 2010 International CES

When lovemaking koalas stole Andy Roddicks thunder

IPL3 wont miss England players: Modi

More on Twitter

Swine Flu

Tamiflu may prevent pneumonia in swine flu patients

Chewed gum wall in US is world's 2nd most unhygienic tourist attraction

Comic books could educate young men about testicular cancer: Study

More on Swine Flu

Novartis

New study could improve diagnosis and treatment of malaria

Novel anti-malarial drug candidate discovered

Alcon Independent Director Committee Notes Closing of Novartis’ Acquisition of Nestlé’s Stake in Alcon

More on Novartis

Top News

144 Section in Hyderabad ahead of Ayodhya verdict

18 killed, several injured as bus falls into river in Bulandshahr

Pak's flawed Afghan policy of support to terror groups will bite back hard: Editorial

Ajay Devgan prays for success of his film in Ajmer

Pranab Mukherjee seeks more financial sector reforms

Australia asks CWG organizers for better treatment at closing ceremony

Study to find whether leptin helps type 1 diabetic patients

New study confirms smoking, cancer link (reissue)

Pharmaceutical Companies Earned Over $3 Billion on H1N1 Vaccine: Report

Actual revenues earned on H1N1 'swine flu' vaccines may not have reached the levels predicted by some optimistic industry executives and analysts last year, but the vaccines boosted the bottom line of several pharmaceutical companies in an otherwise t


NEW YORK, NY -- (Marketwire) -- 05/10/10 -- Actual revenues earned on H1N1 'swine flu' vaccines may not have reached the levels predicted by some optimistic industry executives and analysts last year, but the vaccines boosted the bottom line of several pharmaceutical companies in an otherwise tough year, according to healthcare market research publisher Kalorama Information. Makers of H1N1 vaccines reported sales of $3.3 billion in 2009, according to company reports reviewed for its title, "H1N1 'Swine Flu' Vaccine Market Review." Kalorama believes the contracting, production and distribution of this vaccine will be a model for future pandemic vaccines.

According to the report, there was no clear model to follow for the H1N1 vaccine, as marketing it in the traditional sense based on consumer need for the vaccine was not required. Companies were innovative. Novartis capitalized on its knowledge of pandemic flu vaccines to become first to market with a vaccine and earned the largest US contract. Glaxo performed better in the international market. For CSL, it was home field advantage, as the government of Australia, where the firm is located, ordered a dose for every person in that country. For Astra Zeneca, a unique delivery method earned them market share.

"It was a unique product and each company adopted a different strategy," said Bruce Carlson, publisher of Kalorama Information. "For instance, Astra Zeneca didn't earn the revenue of the others, but the H1N1 pandemic gave them an important showcase for intranasal delivery. Response to the Flu Mist product for the seasonal flu vaccine had been slow, but it was broadly utilized for H1N1 shots, and consumers and providers are now more comfortable with the intranasal option."

The report details the challenges of delivering a recently approved vaccine, which required companies to respond with historic efforts. Companies hired temporary workers, pulled staff from other projects and constructed unique procurement and distribution models to produce and distribute the vaccine in a five month time frame last year. Most H1N1 vaccines are produced from chicken eggs, setting off a race to secure enough eggs from suppliers. Syringes were also a logistical challenge. Delays led to supply problems at the time the vaccine was publicized, and challenges in dealing with overstocks and negative publicity, which are discussed in the report.

The types of revenues earned by these companies are not likely to recur, according to the report. There will only be a separate H1N1 vaccine market to speak of for one year, as FDA and WHO recommendations are to add the H1N1 strain into this year's seasonal flu, since it is likely to be a common strain in the upcoming flu season.

"Most companies have been careful to warn investors that H1N1 revenues are a one-time event," Carlson said. "We expect a quadrivalent seasonal flu vaccine and H1N1's market impact will be seen in the increase in influenza vaccine sales over past seasons."

In its report, "H1N1 'Swine Flu' Vaccine Market Review," Kalorama conducts an assessment of the swine flu's impact, looks at the performance of vaccine makers last year, looks at trends in the industry and among government customers, and makes predictions about future pandemic vaccines. The report can be found at: http://www.kaloramainformation.com/redirect.asp?progid=79066&productid=2651343.

About Kalorama Information
Kalorama Information supplies the latest in independent market research in the life sciences, as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter (http://www.twitter.com/KaloramaInfo) and LinkedIn (http://www.linkedin.com/groups?gid=2177845&trk=hb_side_g).

Please direct all media inquiries to:
Andrea Hiller
press@kaloramainformation.com
www.kaloramaInformation.com

MarketWire

MarketWire

Link to this page

Suggested pages for your additional reading
AndhraNews.net on Facebook






© 2000-2017 AndhraNews.net. All Rights Reserved and are of their respective owners.
Disclaimer, Terms of Service & Privacy Policy | Contact Us