CNN/Money One for credit card only hard offer form at $9.95 One for risk-free form at $14.95 w/ $9.95 upsell  
News > Midsized Companies
graphic
Feds probe flu vaccine maker
Chiron, manufacturer of pulled flu vaccine, says it is complying with federal grand jury subpoena.
October 12, 2004: 8:56 AM EDT

NEW YORK (CNN/Money) - Chiron Corp., the company that made the flu vaccine that was pulled from the market last week due to safety concerns, has received a federal grand jury subpoena about problems with the drug, the company said Tuesday.

YOUR E-MAIL ALERTS
Chiron Corporation
Flu Season
Great Britain
Bioterrorism

Chiron said it intends to fully cooperate with the probe by the U.S. Attorney's Office for the Southern District of New York.

The company's Fluvirin influenza virus vaccine, which is made in England, was pulled from the market last week because of action by British health authorities. The action left the United States without nearly half the flu vaccine needed for the upcoming flu season.

Public health officials said last week that plans to vaccinate millions of people this fall would be disrupted by Chiron's Oct. 5 announcement.

And on Wall Street, the news sent investors fleeing from Chiron (CHIR: Research, Estimates) stock, which sank another 3 percent or so in before-hours trading Tuesday, Reuters reported.  Top of page




  More on NEWS
JPMorgan dramatically slashes Tesla's stock price forecast
Greece is finally done with its epic bailout binge
Europe is preparing another crackdown on Big Tech
  TODAY'S TOP STORIES
7 things to know before the bell
SoftBank and Toyota want driverless cars to change the world
Aston Martin falls 5% in its London IPO




graphic graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.