Tuesday, November 09, 2004

Red Tape and Kid's Health

The US is running short of vaccines for children. The country's supposed to have a stockpile -- designed to prevent a shortage akin to the flu vaccine problem.

There's no shortage of money. There's $172 million of your tax money available to buy the shots.

But the Securities and Exchange Commission has this wierd little accounting rule: Vaccine makers can't claim any profits from the sales to the stockpile until the vaccine is actually delivered to the Centers for Disease Control. (USAToday)

No comments: