The vaccine business is expected to see significant growth. The main reason for this is the catalyst for the COVID 19 epidemic, which has had a huge positive impact on the business. And now the world's leading vaccine company is committed to developing an effective vaccine to stop CIVID 19, it is expected that the business will continue to grow strongly over the next five years. It will grow to $ 13.81 billion in 2020 -2024. Now, there is intense competition among leading companies. That researches and develops Live vaccines. Let's get to know the top 10 largest vaccine companies in the world.

1. GlaxoSmithKline It's one of the world's largest vaccine companies. Established in 1873 in Wellington, New Zealand. Currently headquartered in London, England. Has a turnover of about 35 billion US dollars. There are about 1 million skilled employees.
2. Merck & Co It is one of the world's largest manufacturers of drugs and vaccines. Founded in 1981, head office in the city. New Jersey, USA It employs more than 70,000 people, its annual turnover is estimated at $ 40 billion per year.
   
   
3. Sanofi One of the world's largest vaccine companies Specializes in the production of vaccines for children. Founded in 1973, headquartered in Paris. France Employing more than 110,000 people worldwide, the turnover is approximately $ 40 billion.
   
   
4. Pfizer Founded in 1849, headquartered in New York City, USA employs more than 98,000 people worldwide, estimated revenues of $ 50 billion.
   
   
5. Novavax Founded in 1987 in Maryland, the United States has estimated revenues of $ 22 billion. And it is expected that the company will grow rapidly in the next 2-3 years.
   
   
6. Emergent BioSolutions Founded in 1998, headquartered in Maryland, USA, earns approximately $ 600 million. It employs approximately 1,300 people in 13 locations around the world.
   
   
7. CSL Founded in 1961, headquartered in Melbourne. Australia It has an annual income of approximately $ 7 billion, employs over 20,000 people in 60 countries around the world.
   
   
8. Inovio Pharmaceuticals It is another company that is growing rapidly. Founded in 1979, headquartered in Plymouth, USA, with revenues of the US $ 400 million. It employs about 300 people.
   
   
9. Bavarian Nordic Founded in 1994, headquartered in Kvistgaard, Denmark. There are approximately 500 employees worldwide
   
   
10. Mitsubishi Tanabe It is one of the companies in the Mitsubishi Chemical Holding Group, established in 1981, with over 2,000 employees.

The future of the vaccine business is bright and is likely to grow rapidly in the coming years. Both the need for vaccines for children is increasing. And the development of a vaccine to stop the Covid 19 virus, as well as to awaken people to protect themselves from the disease. In addition, the government sector in various countries Also to support this business as a result, the vaccine business will see more and more profitable growth. It is another business that is worth watching and worth investing in. Healthcare investors can invest through SCB Easy Invest which offers a wide range of financial products, including local and foreign mutual funds. To choose from more than 1,200 funds from 17 asset management companies.

Reference

https://blog.technavio.com/blog/top-10-vaccine-manufacturers