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VacChina 2011 Opening Remark
 

VacChina 2011 Opening Remark

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Opening remark in VacChina 2011 International Conference held at Shanghai, 29-30 Nov 2011.

Opening remark in VacChina 2011 International Conference held at Shanghai, 29-30 Nov 2011.

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    VacChina 2011 Opening Remark VacChina 2011 Opening Remark Presentation Transcript

    • Dr. Priyabrata PattnaikBiomanufacturing Sciences NetworkMerck Millipore
    • Vaccines is the most cost effective health-care intervention available
    • - Each vaccine process is unique- Scope for high degree of innovation
    • Worldwide Vaccines marketis growing at 8% CAGR
    • And…. there isUnmet demand in developing countries
    • ….things are changing…… Emerging markets are evolving fasterVaccine manufacturers expanding theircapabilities to address need of emerging market
    • • Need to increase the immunization coverage rates for both pediatric and adolescents / adults vaccines• Huge demand for traditional/ classical vaccines, low cost but high volume demand
    • Growth in emerging countries can happen by- Building production capacity- Matching global quality standards
    • The challenge…..• Vaccine manufacturing is - critical and complex - requires capital-intensive capabilities - high GMP standards
    • Increasing understanding of- Product- Process- Quality standards- Clinical impact
    • Assessing Risk andManaging Risk
    • Striking the balance between- Innovation- Speed- Quality
    • Bottom line…..Vaccine awareness is key to success.
    • Thank You