Drug groups to reap swine-flu billions
source: http://www.ft.com/cms/s/0/375dde06-7559-11de-9ed5-00144feabdc0.html?nclick_check=1
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- maasanova
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Some of the world’s leading pharmaceutical companies are reaping billions of dollars in extra revenue amid global concern about the spread of swine flu.
Analysts expect to see a boost in sales from GlaxoSmithKline, Roche and Sanofi-Aventis when the companies report first-half earnings lifted by government contracts for flu vaccines and antiviral medicines.
The fresh sales – on top of strong results from Novartis of Switzerland and Baxter of the US, which both also produce vaccines – come as the latest tallies show that more than 740 people have died from the H1N1 virus, and millions have been affected around the world
Analysts expect to see a boost in sales from GlaxoSmithKline, Roche and Sanofi-Aventis when the companies report first-half earnings lifted by government contracts for flu vaccines and antiviral medicines.
The fresh sales – on top of strong results from Novartis of Switzerland and Baxter of the US, which both also produce vaccines – come as the latest tallies show that more than 740 people have died from the H1N1 virus, and millions have been affected around the world
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- groups:
- H1N1 "Swine Flu" info, Rx, Big Pharma
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andy_the_bomb
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Thanks for the info
Interesting thing is if the virus mutates (and viruses do frequently) the vaccine would most likely be rendered useless - 2 years ago
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andy_the_bomb
