bullish
EuBiologics (206650 KS): Capacity Expansion Amid Global Supply Shortage to Accelerate Growth
266 Views23 May 2023 18:10
SUMMARY
- Due to the surging cholera cases globally, demand for cholera vaccines for public market continues to grow. According to GAVI, shortage of cholera vaccine is likely to continue through 2025.
- To respond to surging vaccine demand, Eubiologics (206650 KS) plans to increase its production capacity from the current 33M doses per year to a maximum of 90M doses in 2027.
- Eubiologics, in partnership with TechInvention is launching Euvichol-Plus in India. India is among the top cholera-endemic countries, with an estimated incidence rate of 1.64 per 1,000 people.
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Tina Banerjee
Global Healthcare Analyst
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