Biotech Values

[ThomasS]

NVS: Bravo, I say! Novartis rules out donation for vaccine, FT reports
http://www.ft.com/cms/s/0/875066ae-5902-11de-80b3-00144feabdc0.html
{They aren't running a charity...}
In a move that defies the World Health Organization and some of its corporate peers, the Financial Times reported that Novartis (NVS) has ruled out a donation to the poor of vaccines to counter the flu pandemic. CEO Daniel Vasella said developing nations -- or donor nations -- should instead cover the costs of the vaccine. In comments directed at WHO director-general Margaret Chan, Vasella said "If you want to make production sustainable, you have to create financial incentives."