Tags: EU | Britain | GlaxoSmithKline

U.K. Goverment Cuts Glaxo Swine Flu Vaccine Order

Tuesday, 06 Apr 2010 08:42 AM

GlaxoSmithKline PLC has agreed to cut the British government's order of H1N1 swine flu vaccine by around a third without penalty.

Under an agreement announced Tuesday, the government's order has been capped at 34.8 million doses.

It won't pay a cancellation fee after both sides agreed that the settlement represented "fair value."

The government says that vaccines that haven't been used will be kept as a strategic reserve in case of another wave of the illness. It also plans to donate 3.8 million doeses to the World Health Organization to boost immunity in Africa before the rainy season.

Glaxo will also provide the government with doses of H5N1 bird flu vaccine and antiviral drug Relenza to replace the amount used during the swine flu outbreak.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 
1Like our page
2Share
Markets
GlaxoSmithKline PLC has agreed to cut the British government's order of H1N1 swine flu vaccine by around a third without penalty.Under an agreement announced Tuesday, the government's order has been capped at 34.8 million doses.It won't pay a cancellation fee after both...
EU,Britain,GlaxoSmithKline
125
2010-42-06
Tuesday, 06 Apr 2010 08:42 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved