CSL takes the fight to the flu

The company has become the second largest influenza vaccine maker in the world after its latest acquisition … but how does its value stack up?

CSL announced the $275 million acquisition of Novartis’s influenza vaccine business on October 27 which, once integrated with bioCSL’s existing influenza business, will make CSL the second largest player (20% share) in the $4 billion global influenza vaccine market behind Sonofi-Aventis (with a 30% share). This will be a strong position during influenza pandemics, when governments urgently buy vaccines.

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