What exactly is happening with AstraZeneca?

Donald Trump

Melanchthon wrote: »

Isn't biological process engineering hard and finicky though, like not my area at all but sure somebody here has experience with big bioreactors.

In terms of the interview in as a whole I am more skeptical after spotting that he conflated the UK emergency approval with full approval by a hard regulator, I could be wrong but think the UK is still operating under emergency approval.

If the EU signed three months after the UK, then that means that AZ had three months more information when agreeing to whatever terms were in the EU contract.

Frank Bullitt

brickster69 wrote: »

Not yet. They are up in arms ATM because they were told by Pfizer they would be getting 0% of it's vaccine contracted order this week ( they get it from the Belgium site )

The EU received 98% of it's order though.:eek:

https://twitter.com/JustinTrudeau/status/1354190321681371141

Tough few weeks for poor Justin it seems, he has to do a lot of face saving these days.

BoatMad

[Deleted User] wrote: »

I'm kind of wondering if AZ had done some of the at risk manufacturing, but were peeved by the EMA's comments over Christmas that better data was needed, so they decided EMA approval was going to take longer than they had originally anticipated and shipped what they had made elsewhere where approval was closer or granted. Thinking they could catch up by the time EMA approval came through.

Yes from sources I know , Astra entered into contractual arrangements because of the approval delays and are now overcommitted.

It’s not a production issue.

But I understand the EMA delays let Astra off the hook contractually

brickster69

Great to see the poorer countries getting supplies through now.

Morocco starts distributing vaccines to 3,000 locations in Africa’s first rollout of a MASS Covid-19 immunisation. It has received 2 million doses of the AstraZeneca & expects 500,000 doses from China's Sinopharm tomorrow. Foreign residents will also receive the vaccine free.

BoatMad

Melanchthon wrote: »

Isn't biological process engineering hard and finicky though, like not my area at all but sure somebody here has experience with big bioreactors.

In terms of the interview in as a whole I am more skeptical after spotting that he conflated the UK emergency approval with full approval by a hard regulator, I could be wrong but think the UK is still operating under emergency approval.

The EMA was based in the U.K. and relied heavily on U.K. domestic resources the U.K. is a leading resource in this area

The Ema hurriedly relocated to Amsterdam loosing valuable corporate resources along the way. It’s being trying to recover ever since.

The uk approved the vaccine under existing EU emergency laws. Any EU country could have done the same.

Nothing hard or soft about it.

BoatMad

BoatMad wrote: »

The EMA was based in the U.K. and relied heavily on U.K. domestic resources the U.K. is a leading resource in this area

The Ema hurriedly relocated to Amsterdam loosing valuable corporate resources along the way. It’s being trying to recover ever since.

The uk approved the vaccine under existing EU emergency laws. Any EU country could have done the same.

Nothing hard or soft about it.

With regards the Oxford vaccine though, they were pretty much embedded in the trials from what I understand. They provided funding right from the start so could get the data more or less when it was available rather than waiting for a final report.

BoatMad

Aegir wrote: »

With regards the Oxford vaccine though, they were pretty much embedded in the trials from what I understand. They provided funding right from the start so could get the data more or less when it was available rather than waiting for a final report.

It’s the U.K. regulator was deeply involved right from the start

Of course the EMA “ is applying its normal standards to this approval “

Err have you looked out the window EMA.

BoatMad

BoatMad wrote: »

It’s the U.K. regulator was deeply involved right from the start

Of course the EMA “ is applying its normal standards to this approval “

Err have you looked out the window EMA.

I should have made that clearer, yes the U.K. regulator.

Actually, it was the UK’s vaccine task force that seeded several programmes very early doors. It took a lot of criticism at the time as it was headed by the wife of a Tory junior minister, who just so happened to be a partner in a private equity firm that specialises in this very area.

Dyr

Bit weird with all the crowing that was going on about how the brits would be out in the cold for medical supplies to see them doing quiet well in comparison to the EU

BoatMad

Aegir wrote: »

I should have made that clearer, yes the U.K. regulator.

Actually, it was the UK’s vaccine task force that seeded several programmes very early doors. It took a lot of criticism at the time as it was headed by the wife of a Tory junior minister, who just so happened to be a partner in a private equity firm that specialises in this very area.

The EU EMA is totally unsuited to the process it’s engaged in.

It’s needs to be overruled.

The Germans in my opinion will do an emergency approval rumour has it they have a side deal with Astra.

Eu solidarity will go out the window as it becomes clear Astra has no product for the EU

BoatMad

Bambi wrote: »

Bit weird with all the crowing that was going on about how the brits would be out in the cold for medical supplies to see them doing quiet well in comparison to the EU

Quite well , they are 4x ahead with a national source of Astra supply available

The EU commission screwed up and it’s anger is hiding the fact it’s knows this will be a huge scandal

BoatMad

BoatMad wrote: »

The EU EMA is totally unsuited to the process it’s engaged in.

It’s needs to be overruled.

The Germans in my opinion will do an emergency approval rumour has it they have a side deal with Astra.

Eu solidarity will go out the window as it becomes clear Astra has no product for the EU

Germany ignored the EU’s grand vaccination roll out show of solidarity by starting a day early. Seems they are happy to put pragmatism over politics.

https://www.rte.ie/news/coronavirus/2020/1226/1186491-coronavirus-europe-vaccine/

Qiaonasen

political analyst wrote: »

But China has its own vaccines, doesn't it?

They don't appear to work. They haven't published any data in legitimate journals and studies in Brazil show just 50% efficacy. But China has 1.5 Billion people and that won't end the pandemic. They'll still be buying other vaccines.

political analyst

Aegir wrote: »

Germany ignored the EU’s grand vaccination roll out show of solidarity by starting a day early. Seems they are happy to put pragmatism over politics.

https://www.rte.ie/news/coronavirus/2020/1226/1186491-coronavirus-europe-vaccine/

What difference to 24 hours make in this situation?! :rolleyes:

MrMusician18

BoatMad wrote: »

The EU EMA is totally unsuited to the process it’s engaged in.

It’s needs to be overruled.

The Germans in my opinion will do an emergency approval rumour has it they have a side deal with Astra.

Eu solidarity will go out the window as it becomes clear Astra has no product for the EU

What difference will a side deal make when AZ have said that the issues are manufacturing related. An emergency german approval is of no use if AZ do not have the capability to deliver. Which seemingly they don't.

Given that AZ approval is expected at the end of the week, why would the Germans break rank now, so late in the day?

Many aspects of your posts make little sense tbh.

IRISHSPORTSGUY

brickster69 wrote: »

Astra Zenca's CEO interview

https://www.repubblica.it/cronaca/2021/01/26/news/interview_pascal_soriot_ceo_astrazeneca_coronavirus_covid_vaccines-284349628/

He is being slightly disingenuous...

https://www.astrazeneca.com/media-centre/press-releases/2020/astrazeneca-to-supply-europe-with-up-to-400-million-doses-of-oxford-universitys-vaccine-at-no-profit.html

https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1524

The agreement was reached 1 month after the UK, but the contract was rubber stamped by the EU in August (3 months).
Still, it gave him/AZ the legal leeway to divert supply to Britain from the manufacturing plants on the continent.

McGiver

Aegir wrote:

as far as we know based on what?

Brexiters can't open the EU commission website?

Press statement by Commissioner Kyriakides on vaccine deliveries and on the vaccine export transparency scheme

Yesterday evening, Commissioner Stella Kyriakides made the following statement: "You know that AstraZeneca's vaccine is currently in the final stages of the approval process with the European Medicines Agency. If all requirements are met, the European Medicines Agency could recommend market authorisation by the end of this week. But there is a problem on the supply side. Last Friday, the company AstraZeneca surprisingly informed the Commission and the European Union Member States that it intends to supply considerably fewer doses in the coming weeks than agreed and announced. This new schedule is not acceptable to the European Union. That is why I wrote a letter to the company at the weekend in which I asked important and serious questions. The European Union has pre-financed the development of the vaccine and the production and wants to see the return. The European Union wants to know exactly which doses have been produced by AstraZeneca and where exactly so far and if or to whom they have been delivered. These questions were also discussed today in the joint Steering Board of the Commission and the 27 Member States with AstraZeneca. The answers of the company have not been satisfactory so far. That's why a second meeting is scheduled for tonight.The European Union wants the ordered and pre-financed doses to be delivered as soon as possible. And we want our contract to be fully fulfilled. In addition, the Commission has today proposed to the 27 Member States in the Steering Board that an export transparency mechanism will be put in place as soon as possible. The European Union has supported the rapid development and production of several vaccines against COVID-19 with a total of €2.7 billion. We want clarity on transactions and full transparency concerning the export of vaccines from the EU. In the future, all companies producing vaccines against COVID-19 in the EU will have to provide early notification whenever they want to export vaccines to third countries. Humanitarian deliveries are of course not affected by this. The European Union will take any action required to protect its citizens and rights." This statement is available online here and can also be watched on EbS. (For more information: Stefan De Keersmaecker Tel.: +32 229 84680; Darragh Cassidy Tel.: +32 229 83978)

https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_21_211

You may wish to call Mr Keersmaecker if unsure.

The above press release I hope stops these speculations. We the EU, funded development of the AZ vaccine, we signed a contract and preordered 300M doses. AZ is now reneging on that contract. End of the story.

mick087

The EU have simpley let its citizens down.
When other countries was ordering the EU was negotiating a deal for a vaccine being made not for profit.
Even though this vaccine was cheap they still needed to be seen to be getting a better deal.
Even now this Oxford vaccine has still not been approved by the EU.
They are having a meeting Friday to discuss .What are these people doing?

We are 3 months behind the UK in buying the vaccine this is simlply just not good enough.

The factory is moving location there is no conspiracy theories no other country is getting our share. All other countries will also face a delay.

The EU was slow to order and now slow to approve its use.
Once again there is no accountability from the EU selected commission. Everyone else is to blame but them, A total utter shambles.

McGiver

mick087 wrote: »

The EU have simpley let its citizens down.
When other countries was ordering the EU was negotiating a deal for a vaccine being made not for profit.
Even though this vaccine was cheap they still needed to be seen to be getting a better deal.
Even now this Oxford vaccine has still not been approved by the EU.
They are having a meeting Friday to discuss .What are these people doing?

We are 3 months behind the UK in buying the vaccine this is simlply just not good enough.

The factory is moving location there is no conspiracy theories no other country is getting our share. All other countries will also face a delay.

The EU was slow to order and now slow to approve its use.
Once again there is no accountability from the EU selected commission. Everyone else is to blame but them, A total utter shambles.

Give me officially sources else I report you for trolling.

Blazer

McGiver wrote: »

Give me officially sources else I report you for trolling.

Its the daily mail don't you know.. that's exactly the ****e they printed to appeal to dumb brits.

mick087

McGiver wrote: »

Give me officially sources else I report you for trolling.

If you feel what i have said is untrue then report me.

McGiver

McGiver wrote: »

Brexiters can't open the EU commission website?


https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_21_211

You may wish to call Mr Keersmaecker if unsure.

The above press release I hope stops these speculations. We the EU, funded development of the AZ vaccine, we signed a contract and preordered 300M doses. AZ is now reneging on that contract. End of the story.

I actually feel embarrassed for you

IRISHSPORTSGUY

mick087 wrote: »

The EU have simpley let its citizens down.
When other countries was ordering the EU was negotiating a deal for a vaccine being made not for profit.
Even though this vaccine was cheap they still needed to be seen to be getting a better deal.
Even now this Oxford vaccine has still not been approved by the EU.
They are having a meeting Friday to discuss .What are these people doing?

We are 3 months behind the UK in buying the vaccine this is simlply just not good enough.

The factory is moving location there is no conspiracy theories no other country is getting our share. All other countries will also face a delay.

The EU was slow to order and now slow to approve its use.
Once again there is no accountability from the EU selected commission. Everyone else is to blame but them, A total utter shambles.

Why did this only become news on Friday all of a sudden though? Why hasn't it been mentioned for weeks/months?

noodler

It's a good thing we didn't pay Astra all the money upfront.

The CEO interview made alot of sense I have to say. Some people are definitely forgetting that their one has been done on a NFP basis.

Pete_Cavan

mick087 wrote: »

The EU have simpley let its citizens down.
When other countries was ordering the EU was negotiating a deal for a vaccine being made not for profit.
Even though this vaccine was cheap they still needed to be seen to be getting a better deal.
Even now this Oxford vaccine has still not been approved by the EU.
They are having a meeting Friday to discuss .What are these people doing?

We are 3 months behind the UK in buying the vaccine this is simlply just not good enough.

The factory is moving location there is no conspiracy theories no other country is getting our share. All other countries will also face a delay.

The EU was slow to order and now slow to approve its use.
Once again there is no accountability from the EU selected commission. Everyone else is to blame but them, A total utter shambles.

AZ committed to a particular delivery schedule at the time of contract signing (or possibly even before that as an understanding had already been reach, without full contract signing). AZ were fully aware of their other commitments to other customers at that time of EU contract signing.

When the EU signed relative to the UK is irrelevant, AZ made specific commitments to the EU at that time. If AZ couldn't meet those commitments at the time of signing, they shouldn't have signed up or had schedules adjusted accordingly.

This is a clear breach of contract, simple as that. Waffling on about the EU signing after UK is just a smokescreen for those looking to have a go at the EU and/or distract from the UKs dismissal handling since the start of the pandemic.

Red Silurian

Another phone call due today on the matter between the commission and AZ

From my reading, the commission is suggesting that AZ used EU funds to build supply for non-EU states and AZ haven't really said anything... Could be an interesting few days ahead of us

mick087

IRISHSPORTSGUY wrote: »

Why did this only become news on Friday all of a sudden though? Why hasn't it been mentioned for weeks/months?

Its a very good question and one that id like to know the answer to myself.

fly_agaric

noodler wrote: »

The CEO interview made alot of sense I have to say. Some people are definitely forgetting that their one has been done on a NFP basis.

Would tend to credit the Oxford researchers rather than the friendly multinational drug company with that.

IRISHSPORTSGUY wrote:

Why did this only become news on Friday all of a sudden though? Why hasn't it been mentioned for weeks/months?

Yes, this all seems to have emerged very suddenly in the news, I mean the vaccine is expected to be approved for use very, very soon in the EU.

Without getting into all the "rah rah GB great/EU bad - Hail Brexit" bollox that poisons discussion...why hasn't it come out publically before that the company is having problems?

It seems they are quite a way off being able to supply the numbers of doses they promised.

LollipopJimmy

Did anybody expect a company named after an Opel to be reliable?

mick087

Pete_Cavan wrote: »

AZ committed to a particular delivery schedule at the time of contract signing (or possibly even before that as an understanding had already been reach, without full contract signing). AZ were fully aware of their other commitments to other customers at that time of EU contract signing.

When the EU signed relative to the UK is irrelevant, AZ made specific commitments to the EU at that time. If AZ couldn't meet those commitments at the time of signing, they shouldn't have signed up or had schedules adjusted accordingly.

This is a clear breach of contract, simple as that. Waffling on about the EU signing after UK is just a smokescreen for those looking to have a go at the EU and/or distract from the UKs dismissal handling since the start of the pandemic.

I accept all this about AZ BUT

Why was the EU 3 months behind other countries ordering?
Why has the EU still not approved the cheap oxford vaccine?

Waffling on about contracts dont tell me why we was not first or second to order the vaccine. We was slow to order and are slow to approve its use.

We was sitting around negotiating to buy a non for profit vaccine at 3 quid a pop and trying to get this for for less.

As we was doing this other countries was buying.

AZ will not it seems have all the vaccines not only for us but every other country who ordered. The countries that got in first was correct to do so. The EU have messed up that is not waffle

Dempo1

Pete_Cavan wrote: »

AZ committed to a particular delivery schedule at the time of contract signing (or possibly even before that as an understanding had already been reach, without full contract signing). AZ were fully aware of their other commitments to other customers at that time of EU contract signing.

When the EU signed relative to the UK is irrelevant, AZ made specific commitments to the EU at that time. If AZ couldn't meet those commitments at the time of signing, they shouldn't have signed up or had schedules adjusted accordingly.

This is a clear breach of contract, simple as that. Waffling on about the EU signing after UK is just a smokescreen for those looking to have a go at the EU and/or distract from the UKs dismissal handling since the start of the pandemic.

Not so, AZ CEO stating quite clearly and categorically the contract states "to the best of their ability" in relat to delivering of vaccines.

I find it hard to understand how the EU or any entity could expect a company to copper fasten a definitive date of delivery for a product that at the time was still in development let alone approved, it's just beggars belief from a contractual point of view.

This company had contracts elsewhere, is it seriously being suggested by the EU that AZ were not permitted to commence deliveries to countries who have already approved its vaccine use.

The supply issue is the issue, THE EU can have its tantrums, threaten, make wild accusations etc, I for one know how that's going to end.

fly_agaric

Dempo1 wrote: »

Not so, AZ CEO stating quite clearly and categorically the contract states "to the best of their ability" in relat to delivering of vaccines...

The supply issue is the issue, THE EU can have its tantrums, threaten, make wild accusations etc, I for one know how that's going to end.

If people want to sneer at Europa links or the public statements by EU commission, well the company CEO would not seem to be an impartial source on the matter.

I don't think anyone knows how this will end.

Hopefully the EU will be able to extract some retribution on our behalf if we've been swindled. That would be to all our benefit.

Pete_Cavan

Dempo1 wrote: »

Not so, AZ CEO stating quite clearly and categorically the contract states "to the best of their ability" in relat to delivering of vaccines.

I find it hard to understand how the EU or any entity could expect a company to copper fasten a definitive date of delivery for a product that at the time was still in development let alone approved, it's just beggars belief from a contractual point of view.

This company had contracts elsewhere, is it seriously being suggested by the EU that AZ were not permitted to commence deliveries to countries who have already approved its vaccine use.

The supply issue is the issue, THE EU can have its tantrums, threaten, make wild accusations etc, I for one know how that's going to end.

"To the best of their ability" doesn't mean you can send vaccines elsewhere. If they have the ability to supply more vaccines to the EU, which seems to be the case, then they are clearly required to do that. Diverting supply elsewhere is not acting "to the best of their ability".

Pete_Cavan

mick087 wrote: »

I accept all this about AZ BUT

Why was the EU 3 months behind other countries ordering?
Why has the EU still not approved the cheap oxford vaccine?

Waffling on about contracts dont tell me why we was not first or second to order the vaccine. We was slow to order and are slow to approve its use.

We was sitting around negotiating to buy a non for profit vaccine at 3 quid a pop and trying to get this for for less.

As we was doing this other countries was buying.

AZ will not it seems have all the vaccines not only for us but every other country who ordered. The countries that got in first was correct to do so. The EU have messed up that is not waffle

I haven't seen it suggested that the delay was due to trying to get it for less. I assume you don't know that to be the case either seeing as you ask "why was the EU 3 months behind other countries ordering". They may have wanted to assess all the research to ensure the newly created product that they were about to pay €1bn for actually does what it says on the tin.

Part of the delay with the approval is with info submitted by AZ. If issues were to arise due to shortcutting the approvals process, fast approval wouldn't look so smart.

noodler

fly_agaric wrote: »

Would tend to credit the Oxford researchers rather than the friendly multinational drug company with that.

Eh, ok?

Doesn't really change the fact that the NFP status removes a motivation for some of the things they are being accused of.

Call me Al

Pete_Cavan wrote: »

"To the best of their ability" doesn't mean you can send vaccines elsewhere. If they have the ability to supply more vaccines to the EU, which seems to be the case, then they are clearly required to do that. Diverting supply elsewhere is not acting "to the best of their ability".

The EU have stated very directly that they paid
€€€€ specifically so that supply issues wouldn't arise come licensing approval.
So they (we) have a legitimate right to know why this isn't the case. A shrug of the shoulders on the part of AZ really isn't good enough.

Pete_Cavan

Call me Al wrote: »

The EU have stated very directly that they paid
€€€€ specifically so that supply issues wouldn't arise come licensing approval.
So they (we) have a legitimate right to know why this isn't the case. A shrug of the shoulders on the part of AZ really isn't good enough.

Yes, its possible, even likely, that nobody would be receiving this vaccine had the EU not pumped money upfront into its development and manufacture. The EU funded them and now they have let the EU down.

Donald Trump

If it is shown that EU pre-paid supplies were instead shipped to other buyers then the AZ management should be done for at least theft.

If there are other charges for endangering public health or similar, they should be tacked on as well

Tenzor07

Well, what's the next steps here for the EU, nationalizing the company on an emergency basis so they meet the agreement with the EU for supply of the vaccine?


https://www.politico.eu/article/astrazeneca-cancels-steering-board-meeting-with-eu/

mick087

Pete_Cavan wrote: »

I haven't seen it suggested that the delay was due to trying to get it for less. I assume you don't know that to be the case either seeing as you ask "why was the EU 3 months behind other countries ordering". They may have wanted to assess all the research to ensure the newly created product that they were about to pay €1bn for actually does what it says on the tin.

Part of the delay with the approval is with info submitted by AZ. If issues were to arise due to shortcutting the approvals process, fast approval wouldn't look so smart.

Im sure your aware the world is in crisis' time like this call for emergency measures IMO the EU seems to of let us down.

mick087

Tenzor07 wrote: »

Well, what's the next steps here for the EU, nationalizing the company on an emergency basis so they meet the agreement with the EU for supply of the vaccine?


https://www.politico.eu/article/astrazeneca-cancels-steering-board-meeting-with-eu/

Nationalizing such companies is an excellent idea but unless every country did the same they would just pack up and move.


The Vaccine should of been a world wide effort with equal roll out from day 1 but a bit to late in the day now i think.

Donald Trump

mick087 wrote: »

Nationalizing such companies is an excellent idea but unless every country did the same they would just pack up and move.


The Vaccine should of been a world wide effort with equal roll out from day 1 but a bit to late in the day now i think.

For a poster that is consistently anti-EU in almost every post related to covid (or Brexit), it seems strange that you would be suggesting countries handing over control of something like this to an as-yet-unformed pan-global body to tell them what to do ...............

Tenzor07

mick087 wrote: »

Nationalizing such companies is an excellent idea but unless every country did the same they would just pack up and move.
The Vaccine should of been a world wide effort with equal roll out from day 1 but a bit to late in the day now i think.

Just seems Bizarre under the circumstances that this sort of "petulance" is happening with one of the big pharma companies, shows you the power they have over the world..

When a company is holding the key to preventing further economic/social/human damage to the World, then surely all commercial concerns should be abandoned and Wartime levels of production should be in place...

In World war 2 factories were commandeered to make munitions, with the 100,000 of thousands who've died due to Covid I think it's time to step up here and get this vaccine production into overdrive..

Pete_Cavan

mick087 wrote: »

Im sure your aware the world is in crisis' time like this call for emergency measures IMO the EU seems to of let us down.

AZs own words;

https://www.astrazeneca.com/content/astraz/media-centre/press-releases/2020/astrazeneca-to-supply-europe-with-up-to-400-million-doses-of-oxford-universitys-vaccine-at-no-profit.html

AstraZeneca has reached an agreement with Europe’s Inclusive Vaccines Alliance (IVA), spearheaded by Germany, France, Italy and the Netherlands, to supply up to 400 million doses of the University of Oxford’s COVID-19 vaccine, with deliveries starting by the end of 2020.

Note that is dated 13 June 2020. Two months before the contract was signed, they agreed to deliveries starting by the end of 2020. They were clearly working to that schedule before the contract was actually signed. If timeline had changed by the time of contract signing in August, AZ should have had amendments made. Clearly AZ are letting the EU down and almost certainly breaching the contract.

brickster69

Pointless talking about the terms of the contract that we do not know or probably will not see.

However the EU in effect had a deal agreed with AZ a month after the UK which would of put it further ahead than now.

https://www.euractiv.com/section/coronavirus/news/coalition-of-countries-aims-to-keep-covid-19-vaccine-manufacturing-in-europe/

Then it was decided the EU itself would handle negotiations on behalf of the bloc as a whole. They then spent an extra two months accomplishing the same result.

Hurrache

mick087 wrote: »

Im sure your aware the world is in crisis' time like this call for emergency measures IMO the EU seems to of let us down.

Why are you still pushing this when you've been smacked in the face by reality on this thread alone for days?

mick087

Donald Trump wrote: »

For a poster that is consistently anti-EU in almost every post related to covid (or Brexit), it seems strange that you would be suggesting countries handing over control of something like this to an as-yet-unformed pan-global body to tell them what to do ...............

Such times like this emergenices measures are required Europe is in a mess with the virus.
IMO the world does seem to be pinning its hope on this Oxford vaccine this seems to be cheap and easier to transport. Again IMO the EU is not handling this well.

Russman

Dempo1 wrote: »

Not so, AZ CEO stating quite clearly and categorically the contract states "to the best of their ability" in relat to delivering of vaccines.

I find it hard to understand how the EU or any entity could expect a company to copper fasten a definitive date of delivery for a product that at the time was still in development let alone approved, it's just beggars belief from a contractual point of view.

This company had contracts elsewhere, is it seriously being suggested by the EU that AZ were not permitted to commence deliveries to countries who have already approved its vaccine use.
.

Yes, absolutely. That's what the EU paid for, apparently. Just because the EU weren't ready to accept delivery of the purchased goods, doesn't mean they can be sold elsewhere. Obviously if that's what actually transpired.

mick087

Hurrache wrote: »

Why are you still pushing this when you've been smacked in the face by reality on this thread alone for days?

If one don't agree does one be silent?

MrMusician18

Tenzor07 wrote: »

Just seems Bizarre under the circumstances that this sort of "petulance" is happening with one of the big pharma companies, shows you the power they have over the world..

When a company is holding the key to preventing further economic damage to the World, then surely all commercial concerns should be abandoned and Wartime levels of production should be in place...

In World war 2 factories were commandeered to make munitions, with the 100,000 of thousands who've died due to Covid I think it's time to step up here and get this vaccine production into overdrive..

The problem with commandeering resources is that in a global supply chain, there is nothing stopping others from doing the exact same thing.

Action like the above I would imagine would slow, if not completely halt production.

It will be interesting to see what the EU does do. If the EU fails here, or does appear to be laggards, I guess the institutions fear that it could give rise to legitimate anti-EU sentiment.