Chiron&#39;s vaccine plans in tatters and financial future in doubt
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EMERYVILLE, Calif. Chiron&#39;s (KY-rawn) aggressive plan to dominate the US flu vaccine market is in tatters. The Emeryville-based company&#39;s financial future is clouded now as well as the public health crisis it caused continues to mount.
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A grand jury subpeona for records about its flu vaccine points to possible criminal violations. Next: A flood of civil suits. Over the last year-and-a-half, Chiron (CHIR ) had been making strides in reinventing itself.
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Chiron Corp. is delaying shipment of  its flu vaccine, Fluvirin,  because lots containing 4 million  vaccines, do not meet product sterility standards, the  pharmaceutical company said on Thursday .
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Considering the debacle with the flu vaccine, Chiron&#39;s (Nasdaq: CHIR) earnings release announcing that it beat analyst expectations is more than somewhat superfluous.
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Chiron (CHIR) said Wednesday that it had written off $91 million in flu vaccine inventory and warned in its most pointed language yet that it may not be able to supply the USA next year either.
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Merrill Lynch downgraded Chiron (nasdaq: CHIR - news - people ) to &quot;sell&quot; from &quot;neutral&quot; after news reports indicated a flu vaccine from GlaxoSmithKline (nyse: GSK - news - people ) could be approved by the US Food and Drug Administration as early as
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By Rosie Murray-West, City Correspondent (Filed: 11/12/2004). Chiron, the US drug company that bought Liverpool-based flu vaccine manufacturer PowderJect Pharmaceuticals, yesterday received a warning letter
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This year&#39;s shortage of vaccine starkly highlights the need for new, faster ways to produce vaccines and for incentives that will encourage more production.
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Baby boomers, wash your hands and cover your mouths. The country's supply of vaccine for influenza, or the flu, was cut in half last week when CHIRON, an English company that makes flu vaccine, had its ...
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Chiron Corp.  is being investigated by a federal grand jury after failing to deliver its flu vaccine this year because regulators did not consider it safe.
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Chiron Corp. , which had to scrap its flu vaccine this season due to contamination, said on Friday it has received a warning from US regulators in connection with its shuttered vaccine manufacturing plant in England.
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Last week, the Chiron Corporation, which manufactures close to half of America&#39;s influenza vaccine supply announced a delay in shipping its Fluvirin influenza virus vaccine, due to the possibility of contaminated doses.
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U.S. regulators were trying to decide whether to allow the release of 48 million doses of Chiron Corp.'s flu vaccine when British authorities stepped in to block the company from shipping the vaccine, FDA officials said Friday.
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The announcement came last week: Flu vaccine shortage. Chiron Corporationâs flu vaccine facility in Liverpool, England, had its license suspended for three months by British health regulators because of contamination problems.
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The flu shot shortage offers some food for thought for investors.
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Shares of Chiron Corp. (CHIR.O) fell 7 percent before the market open on Friday, a day after the biopharmaceutical company said it is delaying shipment of its flu vaccine, Fluvirin, because lots containing 4 million vaccines do not meet product sterility standards.
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Federal regulators reportedly found manufacturing problems at Chiron&#39;s flu-vaccine plant in England last year similar to those that led British authorities to shut down the facility last week.