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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 16, 1974, Lethbridge, Alberta 12-THE LETHBRIDOE HERALD October 1974 Insulin shortage doubted TORONTO (CP) The president of the Canadian Diabetic Association has charged that packing com- panies are hoarding supplies of animal vital ingredient in the production of as a result the price of the drug is likely to increase. Dr. Albert Fisher said on the weekend that he "wouldn't be at all surprised" if shor- tages of insulin would develop. "The cost of pancreases is going up a mile a he said. "I think this is coming about because one of the ma- jor meat packers is stockpil- ing his own pancreases and buying pancreases from other packers." However, Stuart Mclnnes, executive vice-president of Connaught Laboratories, the only Canadian manufacturer of insulin, said there should be no immediate shortages because "we have a fair stockpile" of the freeze-dried insulin crystals used for mak- ing the medicine. "We keep at least a 15-to 18- month he said. Dr. Fisher, while noting that stockpiling pancreases is not illegal, said: "I don't think the diabetic should be placed in any sort of fear that there will be a shortage of insulin." He said one to two per cent of Canadians use insulin for the treatment of diabetes and that they might be "facing a serious price increase." CHARGES DENIED The charges of hoarding were denied by spokesmen for two major Canadian packers, who said there has been no buildup of inventory on the animal glands which are the sole source of insulin. Stanley Medland, director of public relations for Swift Canadian Co., said: "We are selling our full pro- duction are not collecting any inventories." E. I. Smith, general manager of the chemical divi- sion of Canada Packers Ltd., said "Pancreas glands are in somewhat tight supply, but we're not holding any back whatsoever. We're keeping in- ventories to an absolute min- imum." He said "supply is a little reduced" because several Western Canada plants were shut down for two months last summer as a result of labor problems. Transair purchases jet plane WINNIPEG (CP) Tran- sair Ltd. has announced the of a Boeing 707 jet aircraft from Northwest Airlines Inc. The plane is to be flown to Montreal for modifications and is to be used in charter operations to vacation areas beginning Nov. 22. The Winnipeg-based regional carrier previously had three Boeing 737s and two Fokker F-28s in its jet fleet. Liquid oil production increases CALGARY (CP3 Liquid petroleum production in Alberta averaged barrels a day daring the week ended Oct. 8, the Alberta Energy Resources Conserva- tion board has reported. Production in the previous week averaged barrels a day. Daily produc- tion in October was expected to average barrels. New quota for oats WINNIPEG