Poliomyelitis is an acute communicable disease of humans caused by human enterovirus called poliovirus. Poliovirus is transmitted from one person to another by oral contact, with secretions or fecal material from an infected person. Wild type poliovirus cases have been decreased by over 99% since 1988, according to World Health Organization (WHO), March 2018 report. Though most of the countries such as the U.S. and India are polio free still endemic transmission of virus is continuing in Afghanistan, Nigeria, and Pakistan, owing to failures in implementing strategic approaches such as proper immunization. These factors are demanding for newer poliomycetes vaccines for disease treatment, which is expected to drive growth of the poliomycetes vaccines market.
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 2018, 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.
Poliomycetes Vaccine in Dragee Candy Market – Regional Analysis
North America is likely toperceive extensive growth in the global poliomycetes vaccine in dragee candy market, owing to rise in government funds to eradicate diseases. For instance, in December 2015, the U.S. Congress approved a total of US$ 228 million for the 2016 federal budget to support global polio abolition efforts in furtherance of the country’s long-lasting leadership to fight for polio. These funds will support ongoing efforts to stop wild poliovirus transmission in the remaining polio endemic countries.
Key players operating in poliomycetes vaccine in dragee candy market include, China National Biotec Group Company Limited, Serum Institute of India Pvt. Ltd., Sanofi Pasteur SA, United Pharma Industries Co., Ltd., Gansu Conbest Biotech Co., Ltd., and Shenzhen Mellow Hope Pharm Industrial Co Ltd.
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