POLIOMYCETES VACCINE IN DRAGEE CANDY MARKET ANALYSIS
Poliomycetes Vaccine in Dragee Candy Market – Drivers
Rising number of mergers and acquisitions of key players in the poliovirus vaccine industry is expected to rise growth of the poliomycetes vaccine in dragee candy market. For instance, in April 2017, Serum Institute of India Pvt. Ltd., acquired Nanotherapeutics, a Czech company for US $ 82.08 million. This acquisition by Serum Institute aided in expanding injectable polio vaccine manufacturing capacity to 200 million dosages, making the company the largest manufacturers of polio vaccines in the world.
Furthermore, in July 2018, Bharat Biotech announced to develop polio vaccine against type I and III viruses. Bharat Biotech is looking at combination vaccines inclusive of the Sabin Inactivated Polio Vaccine (sIPV) for successful eradication of poliovirus. Such robust manufacturing of vaccines against poliovirus will be helpful in driving growth of the market.
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