Brown backs GSK's new malaria vaccine
Thursday 25 November 2004
The Government has promised to help underwrite the research and development costs of GlaxoSmithKline's experimental malaria vaccine, in an effort to guarantee that the promising new medicine reaches the world's poorest countries.
GSK says it must make a commercial return on the vaccine, and the pharmaceutical industry has been accused of dragging its feet because malaria-infected countries are unlikely to be able to afford typical vaccines prices. The disease kills up to two million people every year.
The Chancellor, Gordon Brown, described GSK's scientific breakthrough in malaria as "a revolution in our times" yesterday and said the UK would commit to buying up to 300 million doses of the vaccine for distribution by aid agencies. "We need to ensure that the vaccine does go into commercial production and is available at affordable prices," he said.
GSK said last month that a trial involving 2,000 children in Mozambique had shown the vaccine protected 30 per cent of them against the disease for at least six months, a breakthrough that scientists said could mean an effective malaria vaccine is finally within reach.
The company expects that, if proved effective, the vaccine could be launched by 2010, but the Government believes it could be ready in three years if its guarantee of advance orders stimulates competition for GSK.
The industry believes the vaccine must generate sales of at least £1.6bn to justify the expense of conducting the final trials in up to 20,000 patients.
The Government expects that its commitment will be matched by France and the Gates Foundation, the charity set up by Bill Gates, the founder of Microsoft.
- 1 Strictly Come Dancing 2014: Gregg Wallace joins line-up as final celebrities revealed
- 2 Notting Hill Carnival: Woman shares selfie after being ‘punched in face for telling man to stop groping her’
- 3 Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
- 4 Oil tanker with $100 million cargo goes missing off Texas coast
- 5 George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
Oil tanker with $100 million cargo goes missing off Texas coast
George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
Brother and sister, Christopher Buckner and Timothy Savoy, arrested for 'committing incest after watching 'The Notebook''
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Do you realise just how foolish the UK looks?
With Douglas Carswell joining Ukip, my party has taken another giant step forward
- < Previous
- Next >
iJobs Money & Business
£35000 per annum: Harrington Starr: Network Engineer (CCNP, CCNA, Linux, OSPF,...
£50000 per annum: Harrington Starr: DevOps Engineer (Systems Administration, L...
£60000 - £70000 per annum: Harrington Starr: A prestigious leading professiona...
£50000 per annum: Harrington Starr: Financial Technical Consultant (C++, C#, F...