Novartis says won't give poor free H1N1 vaccines-FT | WHAT REALLY HAPPENED

Novartis says won't give poor free H1N1 vaccines-FT

"If you want to make production sustainable, you have to create financial incentives," the FT quoted Novartis Chief Executive Daniel Vasella as saying in an early edition of Monday's paper.

The director-general of the World Health Organisation, Margaret Chan, has called for drugs companies to show solidarity with poor countries as they develop vaccines against the pandemic H1N1 virus, commonly known as swine flu.

Webmaster's Commentary: 

Dr Vasella, you should be absolutely red-faced and thoroughly embarrassed to have made these statements.

Let's take a look at why:

http://finance.yahoo.com/q/is?s=NVS&annual

Folks, take a good look at this income statement. Does this look like a company so financially tight that it can't afford to donate some vaccine to the poorest of the poor countries? These folks have raked in $42,584,000,000 as of 31 December 2008.

And, as reported here:

http://finance.yahoo.com/q/pr?s=NVS

Dr. Vasella, your compensation from NOVARTIS as Chairman and CEO was 2.78 million dollars last year.

Your absolute indifference to the plight of people and countries which cannot afford to pay for this vaccine is both very disturbing, and very telling.

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