Roche Holding AG said Monday it will produce enough doses of the drug Tamiflu to cover this year's influenza season.
The Basel-based pharmaceutical giant will ramp up production to 400 million packages by the end of the year, allowing it to deliver enough Tamiflu to governments intending to stockpile the drug for influenza outbreaks.
Roche increased production after the spread of bird flu led to a surge in demand for its anti-flu drug, considered the most effective treatment against the virus.
Shares in Roche closed down 0.6 percent at 215.00 Swiss francs (US$173.01; €136.66) on the Zurich exchange Monday.
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# posted by Network @ 9:46 AM
