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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (523467)10/26/2009 10:15:49 AM
From: i-node  Read Replies (1) of 1583477
 
Because there are no margins in making the flu vaccine. It is not a particularly lucrative enbterprise and its never clear how many vaccines to make so the companies that make it end up eating some of it. So many companies have stopped making the vaccine. This whole issue came up under Bush.....where were you?

Actually, the profit margins are fine.

The problem is that manufacturers can't adequately forecast demand, so their decision is based on their best guess of what demand might be. Making flu vaccine is a highly risky enterprise. If they price the vaccines that ARE sold high enough to cover the risk premium, they can't sell it because it is too expensive.

So many companies have stopped making the vaccine. This whole issue came up under Bush....

So, this is something else you want to blame Bush for? Man, it never ends.

What do you think should be done to solve this problem?
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