Sentences with phrase «vaccine business»

A recent estimate of the global vaccine business by Lehman Brothers predicts that the vaccine industry will grow at a rate of 18 percent a year to $ 30 billion by 2011 — significantly faster than the average of 4.4 percent for the pharmaceutical industry overall.
Art was not his first career choice: after the war, he studied law, worked in the chemical industry and, in 1949, took over a small vaccine business part - founded by his father.
Wolf Theiss has advised the US pharmaceutical giant Baxter on the sale of its commercial vaccine business to Pfizer for a reported USD 635 million.
Australia's CSL Ltd, the world's largest blood products company, said on Monday it had agreed to buy Novartis AG's global influenza vaccine business for $ 275 million.
A similar shift is taking place among drugmakers, which have sought to consolidate power in a series of deals this year, including a three - way pharma swap in April that gave Novartis the cancer business from GlaxoSmithKline, GSK the vaccines business from Novartis, and Novartis's animal - health unit to Eli Lilly.
The vaccine business is unusually concentrated, with 80 per cent of vaccines supplied by just five big companies: Sanofi Pasteur, GlaxoSmithKline, Merck, Pfizer and Novartis (see our interactive graphic «What's in the pipeline?
Previously, Torsten worked for more than 10 years at GlaxoSmithKline Vaccines where he was the Global Head of the Vaccines Transactions Team with responsibility for all vaccine business development activities ranging from collaborations, option and licensing contracts to mergers & acquisitions.
With margins in the vaccine business notoriously low, this will have come as a significant incentive to pharmaceutical companies.
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