Aspen may close Covid-19 vaccine line within weeks as talks drag

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Aspen Pharmacare Holdings Ltd. needs clear commitments within weeks from African governments for orders of its Covid-19 vaccine or will recommit that production line to more in-demand anesthetics.

Aspen is only making a “trickle” of coronavirus vaccines off the line and has not had any orders for its own-branded shot earmarked for sale directly in Africa.Aspen Pharmacare Holdings Ltd. needs clear commitments within weeks from African governments for orders of its Covid-19 vaccine or will recommit that production line to more in-demand anaesthetics.

“We had counted on, and were assured, that the regional manufacturing platform was critical and would be supported,” Nicolaou said by phone. “We had banked on these initial volumes to give us the time to enable us to pivot to other vaccines.” The situation is a setback for Africa’s plans to catch up with more developed countries’ Covid-19 vaccination rates, and prepare for the possibility of future pandemics. South African President Cyril Ramaphosa had been part of a movement that criticised rich nations for hoarding vaccines and tried to force pharmaceutical companies to share inoculation recipes, thogh take up remains relatively low.

 

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