Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

David Prosser: So how much did swine flu cost us?

Wednesday 28 April 2010 19:00 EDT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Outlook: Gordon Brown's announcement of the election date on 5 April rather blew all other Government news out of the water.

Very few people noticed the release issued jointly that day by the Department of Health and GlaxoSmithKline, explaining that the pharmaceuticals giant would sell the British taxpayer only 38.4 million doses of its swine flu vaccine, rather than the 60 million ordered by the Government at the height of the panic over the pandemic.

It was in the interests of GSK to do a deal – the lost revenue from the vaccine will be made up for by other guaranteed orders from the DoH for its drugs. Similarly, it seems churlish to criticise the Government for having over-ordered stocks of swine flu vaccine – at the time the contract was agreed no one, including the world's most expert epidemiologists, had any idea whether the virus really was going to be the "big one". Had it turned out that ministers had under-ordered, can you imagine the outcry?

What is regrettable, however, is that the Government has consistently refused to disclose how much it originally agreed to pay GSK, or what this month's deal would cost the taxpayer.

The first quarter trading update revealed by the company reveals just what a stonking money spinner the swine flu scare has been, with worldwide revenues from the vaccine totalling almost £700m – in the first three months of the year alone.

This is not to criticise GSK – as some have done – for making money from the crisis. It did a fabulous job last year under huge pressures in meeting the demand for drugs that might have been needed to save many millions of lives. For months last summer, it poured resources into producing the vaccine, all the time fearing it might not be able to come up with the goods in time.

Nevertheless, British taxpayers surely have a right to know how much of our money the company has had.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in