Report on the United States Vaccine Industry

Exhibit 10
U.S. Major Vaccine Pricing
- Private Market Catalog Price -

$25
$20
$15
S/Do$.
$10

a"/,r
0,010 r.,

1.MMR
Hib
Hop B
--.. -O P V
DTP

N/A
N/A
13

Compound Annual
Growth Rate 1%)
982-1993 1988-1993
6.5 1.2

1.9
0.7
5.4

$5

57 (3.6).A

1982 1983 1984 1985 19

86 1987 1988 1989 1990 1991 1992 1993
t t

NVICP NVICP
Act Passed Excise Tax
Implemented

CPt 3.8 4.1

Public market pricing trends show a similar story. Again, as shown in Exhibit 11, major
vaccine prices grew, on average, faster than inflation during the period from 1982 to 1993, but
slower than inflation for the most part since 1988. The one exception was again OPV, whose
price grew about 12 percent per year in this recent period. In fact, outside of OPV, the prices
of major childhood vaccines have actually fallen in the public market over the past five years.
Exhibit 11
U.S. Major Vaccine Pricing
- Public Market Contract Price -

$25
$20
$15
$10

Compound Annual
Growth Rate (%)
1982-1993. (91993
[ -e..,.... _ MMUPR 9.5 (1.5)

S/Dose

$5

Hep B
Hib
OPV
DTP

WA
N/A
13
22

N/A
(13.4)
11.8
(19.4)

t At
NWCP NWCP
Act Excise Tax
Passed Implemented

CPI 3.8 4.1

Mercer Management Consulting Page 16