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...vaccines have lately begun to look more promising. Wood Mackenzie expects the market to grow from $9 billion in 2004 to $13 billion by 2009. Why? Ironically enough, Chiron's 2004 snafu had a bracing effect on Capitol Hill. Beset by fears of a possible bird-flu pandemic, Congress last month approved $3.8 billion for flu-pandemic preparation, most of it earmarked for buying vaccines and medicines. The defense appropriations bill carrying the provision also controversially provides vaccine manufacturers with a virtually airtight shield from liability...
Although Chiron has won a $62.5 million government contract to develop a vaccine against the currently dreaded H5N1 bird flu, which has killed scores of people in Asia, Vasella says the pandemic scare isn't what drove his decision to buy the firm. He points out that there's still a lucrative market for new vaccines against viral and bacterial infections that afflict developed nations, like meningitis and, yes, the flu. "New vaccines for diseases prevalent in developed countries could be priced very differently," he says. And scientific advances, he adds, may soon make it possible to treat a range...
...Number of confirmed bird-flu deaths in China in 2005, after the virus killed a 41-year-old woman in Fujian province last month
...Increase in U.S. sales of Frank's sauerkraut since South Korean researchers reported this year that pickled cabbage--which is also used in kimchi--helps ward off bird...
...American Prometheus: The Triumph and Tragedy of J. Robert Oppenheimer By Kai Bird and Martin J. Sherman 721 pages