EU agrees to potentially buy 1.8 billion doses of Pfizer -BioNTech jab
WorldFILE PHOTO: A vial and syringe are seen in front of a displayed Pfizer logo in this illustration taken Jan 11, 2021. (Image: Reuters/Dado Ruvic)08 May 2021 10:30PMShare this contentBookmarkBRUSSELS: The European Union cemented its support for Pfizer-BioNTech and its novel COVID-19 vaccine technology on Saturday (May 8) by agreeing to a massive contract extension for a potential 1.8 billion doses through 2023.
EU Commission President Ursula von der Leyen tweeted that her office “has just approved a contract for a guaranteed 900 million doses" with the same amount of doses as a future option.AdvertisementAdvertisementThe new contract, which has the unanimous backing of the EU member states, will entail not only the production of the vaccines, but also making sure that all the essential components should be sourced from the EU.
The European Commission currently has a portfolio of 2.6 billion doses from half a dozen companies. “Other contracts and other vaccine technologies will follow,” von der Leyen said in a Twitter message.Pfizer-BioNTech had an initial contract of 600 million doses with the EU. headtopics.com
AdvertisementAdvertisementSaturday’s announcement also underscores the confidence the EU has shown in the technology used for the Pfizer-BioNTech vaccine, which is different from that behind the Oxford-AstraZeneca vaccine.The active ingredient in the Pfizer-BioNTech shot is messenger RNA, or mRNA, which contains the instructions for human cells to construct a harmless piece of the coronavirus called the spike protein. The human immune system recognises the spike protein as foreign, allowing it to mount a response against the virus upon infection.
The announcement of the huge contract extension comes as the European Union is looking for ways to meet the challenges of necessary booster shots, possible new variants and a drive to vaccinate children and teenagers.READ: US preparing for 1-year COVID-19 booster shots; Pfizer chief sees need
AdvertisementAmerica’s Pfizer and Germany’s BioNTech have already said that they would provide the EU with an extra 50 million doses in the second quarter of this year, making up for faltering deliveries of AstraZeneca.In contrast to the oft-criticised Anglo-Swedish AstraZeneca, von der Leyen has said that Pfizer-BioNTech is a reliable partner that delivers on its commitments.
Two weeks ago, the EU launched legal proceedings against AstraZeneca for failing to respect the terms of its contract with the 27-nation bloc.The AstraZeneca vaccine had been central to Europe’s immunisation campaign, and a linchpin in the global strategy to get vaccines to poorer countries. But the slow pace of deliveries has frustrated the Europeans and they have held the company responsible for partly delaying their vaccine rollout. headtopics.com
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