MedImmune FluMist price halved
Executive Summary
MedImmune is cutting the price of the intranasal influenza vaccine FluMist to $23.50 per dose from the $46 price tag used during the 2003-2004 season. The company previously indicated that a price reduction for FluMist was under consideration following weak sales of the vaccine in its first year on the market (1"The Pink Sheet" April 26, 2004, p. 43). FluMist posted sales of $77 mil. during the 2003-2004 flu season...