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global pediatric healthcare market poised for significant growth through 2032
The Global Pediatric Healthcare market is projected to grow from $175.6 billion in 2024 to $290 billion by 2032, with a CAGR of 6.5%. Key players include Abbott, Pfizer, and Merck, focusing on pharmaceuticals, nutrition, medical devices, and vaccines across various applications like hospitals and homecare. The market is expanding rapidly in the Asia-Pacific region, while North America remains the dominant market.
ynthetic lethality drugs market projected to reach 5.3 billion by 2033
The global market for synthetic lethality drugs and targets is projected to grow from $1.3 billion in 2023 to over $5.3 billion by 2033, with a CAGR of 15.09%. North America is expected to dominate the market due to advances in genetic science and rising cancer rates, while the Asia-Pacific region is anticipated to experience the fastest growth. Key players include Pfizer, AbbVie, and AstraZeneca, with increasing investments in biotechnology and personalized medicine driving innovation in cancer treatment.
vaccine producers face stock declines amid controversial health secretary nomination
Shares of major vaccine manufacturers, including Pfizer and Moderna, fell significantly after Robert F. Kennedy Jr. was nominated as Secretary of Health and Human Services by President-elect Donald Trump. Kennedy's controversial anti-vaccine stance has raised concerns about its potential impact on public health policies and the vaccine market, which has been crucial for pharmaceutical companies. His history of promoting unfounded vaccine theories could undermine public trust and affect future health initiatives.
pharmaceutical industry scandals and lobbying influence on public health decisions
Pharmaceutical giants like Pfizer and Moderna are profiting immensely from Covid-19 vaccines, with combined profits reaching $65,000 per minute. Despite their financial success, they have largely neglected low-income countries, delivering less than 1% of their vaccine stocks to these regions. The People's Vaccine Alliance highlights the urgent need for equitable vaccine distribution to combat "vaccine apartheid."
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