The Swine Flu Ferret Defense

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

biotechThere are dozens of biotech companies and several Big Pharma firms that hope to make money on swine flu treatments, mostly vaccines. They are driven by the WHO’s estimate that nearly a third of the people in the world could contract the disease over the next two years. The really wide big outbreak is supposed to begin in two months, about the time an effective vaccine will come to market.

Selling two billion doses of any drug offers a sales bonanza and tens of millions of dollars in R&D are being spent on the race by companies seeking to develop effective treatments.

The swine flu epidemic may be big, but it may not be bad. There is growing evidence that most people who contract the illness do not get very sick. Some people are not aware that they have it at all. There is risk to young children and pregnant women, but the real danger may not spread beyond them.

Ferrets are perfect test animals for human flues, although the reason for this is probably only known to research scientists. The University of Maryland recently infected a number of the little animals with the current seasonal strain of the flu virus and the H1N1 swine flu type. They found that the mix of the two did not cause a deadly combination. The ferrets got sick, but not very sick. According to MSNBC, the Maryland researchers found the the H1N1 strain is “not under evolutionary pressure right now to mix and mutate while it has a clear biological advantage over other kinds of flu.”

The study will disappoint drug companies because it gives people who were concerned about the deadly potential of the flu a reason to steer clear of vaccines. High death tool numbers from H1N1 are very unlikely.

The early rumors about the swine flu and its dangers are not turning out to be true. That did not keep a number of companies from betting a lot of their shareholder’s money on finding a treatment. It just turned out to be a bad bet.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618