Officials in some EU states say the bloc is forcing them to foot the bill for millions of unused vaccine doses
FILE PHOTO. © AP / Mark Lennihan
Pfizer has offered to extend its Covid-19 vaccine contract with the European Union while scaling back deliveries, but still expects the bloc to pay billions of euros for unused doses amid a major supply glut in some countries, the Financial Times reported. The offer prompted outrage from a handful of member states, who say the deal would serve the interests of Big Pharma over their own citizens.
The contract extension would push the vaccine agreement out to 2026, with a proposed 40% reduction in the number of doses supplied as well as delays to deliveries, the Times reported on Tuesday, citing two unnamed officials.
However, despite the suggested cuts, the US pharma giant still insists that it be paid for the full number of doses originally agreed upon, many of which would never be produced under the new terms.