Fears over a Swine Flu pandemic may have disappeared, but questions remain unanswered over the World Health Organisation's concessions to pressure from pharma companies.It was reported today by various news channels that the Council of Europe is set to launch a probe into pharmaceutical companies, following reports that vaccine manufacturers pressured the World Health Organization (WHO) into declaring a swine flu pandemic. But wherever the buck finally stops, the taxpayer is still footing the bill.
Profit and Loss
It is alleged that the primary motivation of the pharmaceutical companies in pressurising the WHO was financial, and has resulted in many governments being left with stockpiles of unused vaccine and huge costs. Questions are now being asked about who is responsible.
It is also likely that those governments - including Britain, France and Germany - seeking to offload vaccine stocks on the open market, will be selling at a loss as the market becomes flooded with cheap vaccine. Britain, it was reported, has purchased more vaccine than any of its other European neighbours and stands to make the biggest loss. Read More
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