Guest guest Posted February 13, 2004 Report Share Posted February 13, 2004 http://biz./prnews/040212/nyth142_1.html Press ReleaseSource: Wyeth Wyeth Reaffirms Distribution Plan for Prevnar® to Optimize Product Availability for Children Thursday February 12, 12:04 pm ET MADISON, N.J., Feb. 12 /PRNewswire-FirstCall/ -- Wyeth (NYSE: WYE - News) is informing its customers today that due to temporary supply limitations of Prevnar®, Pneumococcal 7-valent Conjugate Vaccine (Diphtheria CRM197 Protein), the Company is continuing its allocation program to optimize access to available doses. All monthly supplies of Prevnar will be allocated to the CDC and private physicians based on historical monthly allocations to help ensure the equitable distribution of available vaccine. Wyeth is experiencing temporary supply limitations due to a recent shutdown of the Prevnar filling line. Although manufacturing enhancements have been undertaken and product is currently being manufactured and shipped to customers in accordance with the allocation program, production issues are not yet fully resolved and supply will remain limited through the first half of 2004. Due to the supply limitations, the Advisory Committee on Immunization Practices (ACIP) of the Centers for Disease Control and Prevention (CDC) today issued new interim recommendations temporarily deferring the administration of the fourth dose of Prevnar for healthy children. In 2003, Wyeth supplied over 18 million doses of Prevnar, an increase of 33 percent over the previous year. Overall supply in 2004 is expected to exceed last year's supply. Wyeth realizes the medical importance of this vaccine and is committed to optimizing product availability in the months to come. Prevnar is the only vaccine available to help prevent pneumococcal meningitis, otitis media, and bacteremia among infants and young children. Since its licensure by the FDA in February 2000, Prevnar has become an important vaccine for children's health -- recommended by the CDC's Advisory Committee on Immunization Practices (ACIP), the American Academy of Pediatrics (AAP), and the American Academy of Family Physicians (AAFP), and covered by virtually every health insurance plan in the United States. Risks are associated with all vaccines, including Prevnar. Hypersensitivity to any vaccine component, including diphtheria toxoid, is a contraindication to its use. Prevnar does not provide 100 percent protection against vaccine serotypes or protect against nonvaccine serotypes. See Prescribing Information for indications and usage, dosage and administration, and safety information. Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery, development, manufacturing, and marketing of pharmaceuticals, vaccines, biotechnology products, and nonprescription medicines that improve the quality of life for people worldwide. The Company's major divisions include Wyeth Pharmaceuticals, Wyeth Consumer Healthcare, and Fort Dodge Animal Health. This press release sets forth forward-looking statements based on current expectations of future events that involve risks and uncertainties including, without limitation, risks associated with manufacturing, commercialization, economic conditions including interest and currency exchange rate fluctuations, changes in generally accepted accounting principles, the impact of competitive or generic products, trade buying patterns, wars or terrorist acts, product liability and other types of lawsuits, the impact of legislation and regulatory compliance and obtaining reimbursement, favorable drug pricing, access and other approvals, environmental liabilities, and patent, and other risks and uncertainties, including those detailed from time to time in the Company's periodic reports, including current reports on Form 8-K, quarterly reports on Form 10-Q and the annual report on Form 10-K, filed with the Securities and Exchange Commission. Actual results may vary materially from the forward-looking statements. The Company assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Quote Link to comment Share on other sites More sharing options...
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