News
12 Feb 2011
Crucell Resumes Selling Vaccine
Crucell NV can resume selling its top vaccine Quinvaxem to United Nations agencies, after the WHO said Thursday that the company has resolved manufacturing problems at its plant in South Korea.
Dutch biotech company Crucell NV can sell new lots of vaccine Quinvaxem to United Nations agencies, after investigations by the World Health Organization showed the manufacturing problems at Crucell’s plant in South Korea were resolved. Crucell suspended production due to sterility issues at the plant and stopped shipments of two children’s vaccines, including Quinvaxem.
The manufacturing problems resulted in a loss for the company in 2010 and put on hold Johnson & Johnson’s $2.4 billion bid to takeover the company. J&J’s bid expires February 16th; the company currently holds about 18% of Crucell shares.
The manufacturing problems resulted in a loss for the company in 2010 and put on hold Johnson & Johnson’s $2.4 billion bid to takeover the company. J&J’s bid expires February 16th; the company currently holds about 18% of Crucell shares.
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