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Drugmakers, Doctors Rake in Billions Battling H1N1 Flu | War On You: Breaking Alternative News

Drugmakers, Doctors Rake in Billions Battling H1N1 Flu

Swine Flu Is Bad for Victims, But Good for Businesses That Cater to Expanding Market

Americans are still debating whether to roll up their sleeves for a swine flu shot, but companies have already figured it out: vaccines are good for business.

h1n1

(/ABC News)

Drug companies have sold $1.5 billion worth of swine flu shots, in addition to the $1 billion for seasonal flu they booked earlier this year. These inoculations are part of a much wider and rapidly growing $20 billion global vaccine market.

“The vaccine market is booming,” says Bruce Carlson, spokesperson at market research firm Kalorama, which publishes an annual survey of the vaccine industry. “It’s an enormous growth area for pharmaceuticals at a time when other areas are not doing so well,” he says, noting that the pipeline for more traditional blockbuster drugs such as Lipitor and Nexium has thinned.

As always with pandemic flus, taxpayers are footing the $1.5 billion check for the 250 million swine flu vaccines that the government has ordered so far and will be distributing free to doctors, pharmacies and schools. In addition, Congress has set aside more than $10 billion this year to research flu viruses, monitor H1N1’s progress and educate the public about prevention.

Drugmakers pocket most of the revenues from flu sales, with Sanofi-Pasteur, Glaxo Smith Kline and Novartis cornering most of the market.

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This entry was posted on Tuesday, October 20th, 2009 and is filed under Big Pharma, Body,Health & Mind, Vaccine. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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One Response to “Drugmakers, Doctors Rake in Billions Battling H1N1 Flu”

  1. This American on October 21st, 2009 at 1:11 pm

    Sure, some BigPharma companies are rolling in the profits with all of the scare tactics and hype being generated by their partners in crime –corporate/state-run media and gutless sold out politicians— but the REAL profits will likely trickle in for years if not deacdes from the sickening and poisoning of millions worldwide due to the build-up and cumulative damage from the toxic heavy metals, damaged proteins, parasitic organisms, and other disease causing toxins in these vaccines. Hey when a country has shipped out most all of it’s manufacturing jobs there are still great opportunities for massive profits promoting war, sickness and death. Life is good eh?

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