2008 Report Predicted Tamiflu Sales to Increase 531% in 2009

TamifluIn a 2008 annual report to it’s shareholders and investors, Chugai Pharmaceutical Co., LTD, predicted that sales of Tamiflu would increase by 531% in 2009.  As you most likely already know, the media has been promoting Tamiflu as the number one medicine to combat the so-called Swine Flu.

According to Chugai Pharmaceutical’s annual report, found here, the reason for this spike in sales would be due to “expected resumption of government stockpiling … and the ongoing recovery of the prescription rate for seasonal influenza.” 

Chugai Pharmaceutical is a major Japanese drug manufacturer, with 51.5% of it’s shares owned by Hoffman-La Roche. 

Creative Commons License photo credit: kanonn

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This entry was posted on Wednesday, April 29th, 2009 at 8:32 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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