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Date Published: 23/04/2021
ARCHIVED - Leak to Spanish paper reveals the cost of Covid vaccines
The agreement between Brussels and Pfizer also included a delivery schedule that is being met at the moment
The initial contract for coronavirus vaccines signed by the European Commission and Pfizer back in November 2020 has been leaked to Spanish paper La Vanguardia, which has revealed that the EC is paying 15.50 euros per dose for the drug.
The Spanish newspaper published details of the contract on Wednesday (21 April), including prices, delivery dates and a clause removing liability for any possible harm the drug could cause from the pharmaceutical company and its directors, staff and partners.
The price agreed upon by Brussels and Pfizer for 200 million doses, with an option to order a further 100 million that the EC later took advantage of, averaged out to 15.50 euros per dose, the leaked document reveals.
A calendar was included that stated that Pfizer would deliver 25 million doses of its vaccine by the end of 2020, 40 million doses during the first quarter of this year, 60 million during the second quarter and another 75 million during the third. That, however, was based on the assumption that the European Medicines Agency would authorise the vaccine by 15 December, something that didn’t actually happen until six days later.
So far, unlike others, the vaccine manufacturer has kept to its word where delivery schedules are concerned and has even promised to speed up delivery. Spain will be receiving 1.7 million doses of Pfizer vaccine a week between 26 April and the end of May, which the Health Minister has claimed will help the country meet its target of vaccinating 70 per cent of the population by the end of the summer.
Although there have been fewer reports of severe adverse side effects from the vaccine by Pfizer than from others, there are always potential risks involved where medications are concerned, and the drugmaker was clearly aware of that when it signed the contract as liability is another key topic it covered. Pfizer assumed responsibility for faults in the manufacturing process, but only until the moment of delivery to recipient countries. The EC and its member states took on full responsibility for any possible harm caused by the vaccines from that point onwards, removing all liability from the pharmaceutical company.
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