Monday, November 01, 2004

Got the Flu? Blame the Free Market (washingtonpost.com)

What happens after that is left up to the market. And these days the market does not provide much incentive for anybody to make flu vaccine and try to sell it.

Merck & Co. abandoned the business almost 20 years ago. Wyeth pulled out last year after throwing away about one-third of the flu vaccine it made for the 2002-03 season because it didn't sell.

That leaves just three companies in the business -- Aventis Pasteur Inc., Chiron Corp. (the company whose entire output for the United States had to be destroyed because of contamination) and MedImmune Inc. of Gaithersburg, the region's biggest biotech company. Got the Flu? Blame the Free Market (washingtonpost.com)

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