Wyeth Applauds Governments' Decision To Fund Pneumococcal Vaccine For Developing Countries
02/12/07
Wyeth
Pharmaceuticals, a division of Wyeth (NYSE: WYE), welcomes the decision by
donor countries to focus on the importance of pneumococcal disease and to
launch a pilot Advanced Market Commitment, which will help to bring the
pneumococcal conjugate vaccine to developing countries.
"This financial pledge brings much needed attention to the global
burden of pneumococcal disease," says Bernard Poussot, President, Chief
Operating Officer and Vice Chairman, Wyeth. "We join the International
Federation of Pharmaceutical Manufacturers and Associations and the global
community in commending the donor countries, and look forward to
cooperating with international partners with the goal of helping to protect
children in developing countries against the potentially devastating
consequences of pneumococcal disease."
Wyeth is committed to helping to protect infants and young children
against pneumococcal disease and currently markets the only pneumococcal
conjugate vaccine, PREVENAR(TM), Pneumococcal Saccharide Conjugated
Vaccine, Adsorbed, which has been incorporated into many childhood
immunization programs around the world and has had a significant public
health impact.
Recently, the World Health Organization (WHO) Strategic Advisory Group
of Experts (SAGE), advocated for priority inclusion of PREVENAR in national
immunization programs around the world. SAGE recommended that the vaccine
be incorporated into immunization programs now, in view of the demonstrated
vaccine efficacy and high disease burden, to help substantially reduce
mortality and morbidity.
In addition, Wyeth is now developing a 13-valent pneumococcal conjugate
vaccine that targets additional serotypes. This investigational vaccine is
currently undergoing clinical development and would potentially offer
broader coverage against pneumococcal disease.
´About Pneumococcal Disease
Pneumococcal disease is caused by the bacterium S. pneumoniae, and
describes a group of illnesses, including bacteremia/sepsis, meningitis,
pneumonia and otitis media. Pneumococcal disease affects both children and
adults and is a major cause of death and illness worldwide. The WHO
estimates that pneumococcal disease results in up to one million deaths
each year in children less than 5 years of age worldwide. Further,
according to WHO, pneumococcal disease is the number one
vaccine-preventable cause of death in children less than 5 years of age
worldwide.
Wyeth Pharmaceuticals
Wyeth Pharmaceuticals, a division of Wyeth, has leading products in the
areas of women's health care, infectious disease, gastrointestinal health,
central nervous system, inflammation, transplantation, hemophilia,
oncology, vaccines and nutritional products.
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 non-prescription 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.
The statements in this press release that are not historical facts are
forward-looking statements based on current expectations of future events
and are subject to risks and uncertainties that could cause actual results
to differ materially from those expressed or implied by such statements.
These risks and uncertainties include risks associated with the inherent
uncertainty of the timing and success of product research, development and
commercialization (including with respect to our pipeline products), drug
pricing and payment for our products by government and third party-payors,
manufacturing, data generated on the safety and efficacy of our products,
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, global
business operations, product liability and other types of litigation, the
impact of legislation and regulatory compliance, intellectual property
rights, strategic relationships with third parties, environmental
liabilities, and other risks and uncertainties, including those detailed
from time to time in our periodic reports filed with the Securities and
Exchange Commission, including our current reports on Form 8-K, quarterly
reports on Form 10-Q and annual report on Form 10-K, particularly the
discussion under the caption "Item 1A, Risk Factors." We assume no
obligation to publicly update any forward-looking statements, whether as a
result of new information, future developments or otherwise.
Wyeth Pharmaceuticals
(Author: http://www.wyeth.com/)
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