GlaxoSmithKline Offers New Purchasing Options to Help Employers Overcome Barriers to Pandemic Stockpiling of Relenza(R)
Wednesday, September 03, 2008 8:08 AM
Symbols: GSK

PHILADELPHIA, Sept. 3 /PRNewswire-FirstCall/ -- GlaxoSmithKline (NYSE: GSK) announced today the launch of the RELENZA(R) (zanamivir) Inhalation Powder Pandemic Readiness for Employers Program (P.R.E.P.) that enables businesses two options when stockpiling RELENZA in preparation for an influenza pandemic. Under the new plan, businesses will have the option to purchase Relenza now at a discounted rate with free storage or to reserve quantities of Relenza for future purchase at a capped rate with a nominal annual fee.

'We are committed to helping employers and other business leaders prepare for an influenza pandemic and its impact on the health of their employees and the operational integrity of their organizations,' said Chris Viehbacher, President, North American Pharmaceuticals, GlaxoSmithKline. 'By offering employers these options, we aim to reduce the storage and cost barriers associated with implementing an antiviral stockpiling program.'

The U.S. Department of Health and Human Services (HHS) encourages employers to take the lead in protecting their workforce and to stockpile the antivirals they will need to protect their employees. HHS acknowledges the importance of diversifying stockpiles and recommends the stockpiling of existing antiviral drugs as part of a comprehensive pandemic plan.

'A diversified stockpile of antivirals is important as we are coming to understand that our concerns for the past few years about resistance of pandemic influenza viruses to antivirals were justified,' said Anne Moscona, M.D., Professor of Pediatrics and of Microbiology and Immunology and Vice Chair for Research of Pediatrics, New York-Presbyterian Hospital/Weill Cornell Medical Center. 'The recent article in Nature, further explaining the mechanism for this emerging resistance, reinforced the importance of diversifying your antiviral stockpiles in order to help protect the broadest number of employees.'

P.R.E.P. includes two purchasing options to help employers enact their antiviral stockpiling programs.

The RELENZA Preferred Pricing option offers a discounted price to reduce the burden of upfront expenses and guarantees the opportunity to repurchase RELENZA at a set discounted price. In addition, the RELENZA Preferred Pricing option includes free storage. As companies prepare for potential emergencies, such as an influenza pandemic, this plan ensures employers will have access to treatment.

The second choice is the RELENZA Reservation option, which reduces the need for large upfront expenditures and locks in a future purchase price for RELENZA. There is an annual fee of $6 per unit to reserve and maintain the reservation during the life of the contract.


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