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Vaccine makers settle France's H1N1 bill

A newspaper has reported that France has struck a deal to pay several large vaccine makers just 16 percent of the amount it had contracted to pay after canceling a huge order of swine flu vaccine. According to Le Figaro, Novartis, GlaxoSmithKline and Sanofi will get €48 million in payment for €358 million of vaccine that the country had ordered and then cancelled. GSK will face the steepest loss from the cancellation. A number of European countries were stuck with large supplies of H1N1 vaccine after the pandemic turned out to be milder than anticipated and a huge portion of their populations shunned the jab. Report


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More stories about swine flu   Sanofi-Aventis   Novartis   GlaxoSmithKline   France  

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