Drugs giant GlaxoSmithKline predicts swine flu gold rush

Richard Wachman

22 July 2009

guardian.co.uk

Britain’s biggest pharmaceutical company is preparing to sell £3bn worth of swine flu drugs this year, it emerged today.

GlaxoSmithKline revealed its vaccine, one of the world’s first, could be available by September after the UK government placed advance orders for 60m doses.

It also disclosed that international governments were stockpiling large supplies of GSK’s anti-viral treatment Relenza, which can relieve swine flu symptoms.

Worldwide sales from the two drugs are expected to reach £3bn by January, but the company rejected claims it was exploiting the pandemic – stressing that profits would be much lower once development costs were taken into account.

It also said poorer nations would receive the vaccine for free with 50m doses to be donated to the World Health Organisation. More could follow, depending on demand.

The chief executive, Andrew Witty, said the company had been preparing for a pandemic for the last three-and-a-half years and had spent more than £1bn to ensure its factories could crank up production at short notice. “We don’t know how big this deal is going to be, but no-one can say we aren’t ready,” said Witty. “We are working flat out with governments around the world to come up with a solution.”

GlaxoSmithKline has also developed an anti-viral face mask, which is expected to be used by people such as “front line health workers.”

Swine flu is thought to have led to the deaths of 31 people in Britain so far and further details of its rapid spread are due to be released by the NHS tomorrow.

The world’s first human trials of a swine flu vaccine have begun in Australia, drug company officials said, as the global death toll from the virus rose to 700.

Two biotechnology companies have started injecting adult volunteers in the southern city of Adelaide.

In a sign of how quickly GSK is working to make sure a vaccine is available from September, the company said that “clinical trials will be limited, due to the need to provide the vaccine to governments as quickly as possible.

“Additional studies will therefore be required and conducted after the vaccine is made available.”

Doc here: To sum it up for the drug corporations – “It’s all about the money!”

Comments?


Drugs giant GlaxoSmithKline predicts swine flu gold rush

Advertisements

Tags: ,

2 Responses to “Drugs giant GlaxoSmithKline predicts swine flu gold rush”

  1. Jeanne Mangual Says:

    I think that as these corporations are gearing up for their “pandemic distribution” of the so called “SAFE VACCINE” against H1N1 swine flu- those of us who endeavor a truly safe flu season in the naturopathic vein should be gearing up our immune systems to fight this engineered product. I would hope that you would reiterate in another blog post the many mechanisms we can employ to do so, just in case folks have forgotten the basic tenets of real health, self-created. I have found an excellent web site that is posting various naturopathic solutions based on many different disciplines that people follow- ie: ayurvedic medicine, traditional chinese medicine, herbal medicine, being among the foremost disciplines discussed: you can access this website at the following:
    http://www.tbyil.com/Flui.htm
    Many of the remedies therein are readily availble in the naturopathic home pharmacy many of us keep on hand, many of them are readily available in the average home kitchen if you know what healing properties are inherent in the foods and spices you already use:- please take some time to look at what is being offered here- the information is excellent and quite comprehensive- and Dr. Hand can always aid you with any questions you may have about utilizing any of the information found on this website. If he cannot advise you personally about a particular discipline- he will always refer you to the most educated source on the subject! Arm yourself now with knowledge and an excellent immune system capable of fighting off whatever this harrowing fall season may bring. You create your own health and always have!! Thanks for listening!

  2. Jeanne Mangual Says:

    I just wanted to add another comment to my previous one-
    and it is this-
    Dr. Hand was, is now, and ever shall be (world without end, Amen)
    my absolute primary source for information and guidance as far as health and it’s myriad issues are concerned. I follow his guidance without question no matter the issue being discussed- I have never found a practitioner as knowledgeable or more forthcoming as he has proven himself to be over the years and I am forever grateful for his time, love and care as he has provided it to both myself and my daughter- we consider ourselves blessed to know him! Thanks to Dr.Hand we have an excellent quality of life…………….

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: