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Flu treatment output 'to triple' | Flu treatment output 'to triple' |
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Drugs giant GlaxoSmithKline says it expects to triple capacity of its flu treatment Relenza to 190 million treatments per year. | Drugs giant GlaxoSmithKline says it expects to triple capacity of its flu treatment Relenza to 190 million treatments per year. |
Glaxo also said it had received contracts for 195 million doses of the H1N1 vaccine for swine flu, adding that it was on track to meet the orders. | Glaxo also said it had received contracts for 195 million doses of the H1N1 vaccine for swine flu, adding that it was on track to meet the orders. |
It said it was involved in continuing talks with more than 50 governments to supply pandemic products. | It said it was involved in continuing talks with more than 50 governments to supply pandemic products. |
Glaxo said pre-tax profits in the three months to 30 June fell 6% to £2.1bn. | |
Group turnover during the quarter was down 2% to £6.7bn. | |
Increasing production | |
Glaxo said its performance had been boosted by sales of Relenza, "reflecting continued orders from governments across the world for pandemic stock-piling". | |
Sales of the treatment were £60m in the quarter, compared with £3m in the same period a year ago. | |
Since the outbreak of swine flu, Glaxo said it had committed to increasing production levels of Relenza and effectively developing a new H1N1 vaccine. | |
Shipments of the vaccine are expected in the second half of 2009 and early 2010. |