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Frost & Sullivan Sees Opportunities in Chinese Vaccine Industry
Date:6/22/2009

ticed that some pharmaceutical companies start to promote their vaccines on television and even outdoors in the form of public service advertisements, which also helps to popularize the awareness of disease prevention, hence increases vaccine consumption.

Thirdly, the self-paid rate of vaccine is expected to increase. The usage rate of self-paid EPI (Expanded Programme on Immunization) vaccines is about 10 - 20 percent. POV doctors strongly recommend free vaccines. In the future, with the increasing healthcare expenditure of the Chinese people and the increasing awareness about vaccine features, the self-paid vaccines, which are usually of better safety profile, are expected to be used more widely and frequently.

Last but not least, government support guides a promising development for the vaccine market. The Chinese government has paid and will pay more attention to prevention and immunization. In 2008, the government announced the enlarged immunization program, increasing the financing from previously 218 million RMB to 2.8 billion RMB. The policy from Central Government provides the whole industry with a strong confidence and good environment for further development.

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