SK bioscience Secures PAHO Contract Extension to Supply SKYVaricella® to Latin America Through 2027

28 February 2025 | Friday | News

SK bioscience secures extended supply agreement with PAHO, reinforcing its commitment to global vaccine accessibility and expanding its reach in Latin America through 2027.

SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, today announced that the company had received prior notification from the Pan American Health Organization (PAHO), a specialized agency of the United Nations in charge of international health cooperation in the Americas, to supply its self-developed varicella vaccine, SKYVaricella®, to Latin America through 2027. 

SK bioscience first won a PAHO contract for varicella vaccines in 2022, and has maintained stable supply over the past three years. PAHO is one of the world's largest vaccine purchasers alongside UNICEF, procuring large-scale vaccine supplies for Latin American countries. To participate in PAHO tenders, vaccines must obtain the Prequalification (PQ) certification from the World Health Organization (WHO). SKYVaricella® obtained WHO PQ certification in 2019, becoming only the second varicella vaccine globally to receive this qualification, paving the way for its entry into the Latin American market.

SKYVaricella®, first commercialized in 2018 in South Korea, has demonstrated strong immunogenicity and efficacy in children aged 12 months to 12 years in global clinical trials. The vaccine has shown robust antibody responses and a comparable safety profile to the PQ-certified varicella vaccine from a leading global pharmaceutical company. It is produced at the Andong L HOUSE, the company’s certified Good Manufacturing Practice (GMP) production facility, ensuring a stable and reliable supply.

Building on its six-year track record of supplying its varicella vaccines to PAHO, SK bioscience plans to expand its exports to Southeast Asia and other regions.

According to a report by Market Research Intellect, the global varicella vaccine market is projected to grow at an annual rate of approximately 6.3%, reaching $5.76 billion (about KRW 8.3 trillion) by 2031 based on the expanding government immunization programs and rising vaccine demand. Particularly, in emerging markets such as Latin America, Asia, and Africa, where reliance on international organizations for vaccine procurement continues to increase.

SK bioscience is expanding its global footprint with a diverse portfolio of independently developed vaccines, including SKYVaricella®, SKYCellflu®, SKYZoster®, and SKYTyphoid®. The company is also jointly developing the 21-valent pneumococcal conjugate vaccine, which has entered global Phase 3 clinical trials. Once successfully launched, it will result in strengthening its competitiveness in global vaccine market, including the U.S. and Europe. 

Jinsun Park, Head of Marketing & Business Development HQ of SK bioscience, said, "The successful market expansion of SKYVaricella® through PAHO in Latin America demonstrates both our strong product quality and stable production capabilities. Moving forward, we will continue to expand our presence in international markets with our diverse vaccine portfolio."

 

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