Baxter Working on Swine Vax

The Chicago Tribune reports:

With world health officials worried about the global outbreak of another deadly virus, Deerfield-based Baxter International Inc. once again finds itself involved in the action.
Baxter confirmed over the weekend that it is working with the World Health Organization on a potential vaccine to curb the deadly swine flu virus that is blamed for scores of deaths in Mexico and has emerged as a threat in the U.S.
Baxter, which has an emerging vaccine business, has worked with the U.S. and foreign countries in the past to develop vaccines for the H5N1 virus commonly known as bird flu.
Baxter has a cell-based technology that allows the company to produce vaccines more rapidly in the event of a pandemic than a decades-old method that uses eggs and can take weeks or months longer. Although the egg-based method has produced safe and effective vaccines, analysts say Baxter’s method can cut production times in half compared with the older process.
“Upon learning about the swine flu outbreak in Mexico, Baxter requested a virus sample from WHO to do laboratory testing for potentially developing an experimental vaccine,” company spokesman Christopher Bona told the Tribune.

Shares of Baxter International (BAX) are up nicely today.

Posted by on April 27th, 2009 at 12:11 pm


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