Wednesday, September 23, 2009

Walgreen to the Tamiflu Rescue

I thought this was an interesting piece on pvt sector intervention for a public health issue. Profit motive for sure, but seems like everyone wins in this. Would love to see the assumptions in the business plan for this piece:

Walgreen to the Tamiflu Rescue | The Market Update | Financial Articles & Investing News | TheStreet.com

The drugstore said it is prepared to compound Tamiflu capsules into the liquid form to produce its Oral Suspension prescription, usually given to children.

Roche, maker of Tamiflu, which is used to fight the flu, said that while the Oral Suspension is in short supply, there exists a stable stock of capsules.

The news fits well within the recent trend for drugstrores, namely that Walgreen, along with other drugstores, such as Rite Aid and CVS Caremark , has been taking advantage of flu season. The three chains are offering seasonal flu shots earlier than in years past, to meet heightened demand.

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