SUGAR LAND, TX -- (Marketwire) -- 04/25/12 -- Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Vaccines continue to attract the drug industry for the same reasons as they always have. The vaccines sector is a darling in that there always seems to be some government funding involved. That particular flow has been staunched a bit, but this is not expected to last, as the clamor for vaccines never really dissipates. By the end of 2012, the global vaccine market is expected to hit $34 billion in sales. With an estimated annual growth rate of 14% during the next five years, it is believed that vaccines will be the fastest growing therapeutic area, eventually outpacing oncology.
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