Pfizer demands States assets guarantee against ADR litigations
“Held to ransom”: Pfizer demands governments gamble with state assets to secure vaccine deal
“Pfizer has been accused of “bullying” Latin American governments in Covid vaccine negotiations and has asked some countries to put up sovereign assets, such as embassy buildings and military bases, as a guarantee against the cost of any future legal cases, the Bureau of Investigative Journalism can reveal.
In the case of one country, demands made by the pharmaceutical giant led to a three-month delay in a vaccine deal being agreed. For Argentina and Brazil, no national deals were agreed at all. Any hold-up in countries receiving vaccines means more people contracting Covid-19 and potentially dying. “
Source: here
This situation appears concerning as Pfizer seems to be looking after getting similar protections around the world to the ones they already got from the EU or the UK’s Government.
A safe vaccine, at least a vaccine properly tested, shouldn’t be raising such issues, especially since a vaccine is a welcome solution among all other already available medical solutions.
You may have read that the UK expects “high volume” side effects (ADR) but at the same time claim vaccine’s “safe”.
Indeed, in September, the UK MHRA urgently provisioned outside EU procurement standards for £1.5M an AI software to process the expected high volume of Covid-19 vaccine Adverse Drug Reactions (ADRs)
Perhaps you read in FT.com “The speed and scale of development and rollout do mean that it is impossible to generate the same amount of underlying evidence that normally would be available through extensive clinical trials and healthcare providers building experience,” reads a memo circulated to members by Vaccines Europe, a division of the European Federation of Pharmaceutical Industries and Associations.
Read the full blog dated Dec 6. here
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