The CHIR link didn't work..sorry about that..here's a Reuters release
UPDATE 1-UK clears Chiron factory to make flu shots again Wed Mar 2, 2005 10:05 AM ET (Updates with further details)
LONDON, March 2 (Reuters) - British regulators on Wednesday gave a green light for Chiron Corp.'s (CHIR.O: Quote, Profile, Research) flu vaccine plant in Liverpool to start production again, in a move that should ensure supplies for the next flu season.
FACT BOX CHIR.O (CHIRON CORP) Last: 35.42 Change: 0.00 Up/Down: 0.00 Quote Full Chart Company Profile Research Reports News for CHIR.O UPDATE 1-UK clears Chiron factory to make flu shots again Sanofi expects to invest significantly in vaccines UPDATE 1-Chiron names vaccines division president
The U.S.-based company's manufacturing licence was withdrawn last October because of contamination problems at the factory in northern England, depriving the United States of almost half the nation's anticipated supply.
"Inspectors have concluded that satisfactory progress has been made in the manufacturing areas which had previously caused concern," the Medicines and Healthcare Products Regulatory Agency said in a statement.
"The company has been informed, and is now free to recommence full manufacturing of the vaccine."
On Oct. 5, when it announced the closure of its Liverpool plant, Chiron's stock fell 16 percent, as the move stopped the Emeryville, California-based firm from releasing 48 million doses of its Fluvirin vaccine. |