BTA 0.00% 57.0¢ biota holdings limited

glaxo shipped $1.4 bln of h1n1 vaccine in q4

  1. 75 Posts.

    UPDATE 1-Glaxo shipped $1.4 bln of H1N1 vaccine in Q4
    Fri Jan 15, 2010 10:44am EST

    * 130 mln doses shipped Q4 vs reported 440 mln orders in Oct

    * "Too early to say" what final total will be
    * Shares down 2 percent

    LONDON, Jan 15 (Reuters) - GlaxoSmithKline (GSK.L) shipped swine flu vaccine worth 835 million pounds ($1.36 billion) to governments in the last quarter of 2009 but the drugmaker said on Friday it was too early to say what the final total would be.

    The quarterly total is less than the 1 billion pounds or so that many analysts had been forecasting.

    While I don't invest in BTA am wondering of short term implications for share price?

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