Among individual firms, GSK and Sanofi lead the pack, each investing more than $100 million a year on tropical disease research, according to a Deutsche Bank analysis.
Both companies are developing vaccines for mosquito-borne diseases – malaria and dengue, respectively – that could be launched late next year.
GSK’s malaria shot will be sold on a not-for-profit basis but Sanofi’s dengue vaccine is potentially a commercial blockbuster, with the company predicting that annual sales could exceed 1 billion euros ($1.3 billion).
It is a sign that some companies at least are taking a long view when it comes to assessing the customers of the future.
“The tropics are home to 40 percent – and rising – of the world’s population,” Deutsche Bank said. “Economic growth in the decades ahead will inevitably see many of these nations becoming increasingly important commercially to the pharma industry.” (Reuters)[eap_ad_3]