Are nations being bullied by vaccine producers?
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Title : Are nations being bullied by vaccine producers?
Category : Malaysians
From Ameen KamalThe Bureau of Investigative Journalism (BIJ) recently revealed that Pfizer has been accused of “bullying” the governments of Argentina and Brazil in vaccine-related negotiations, involving claims of vaccine supply terms going beyond questionable indemnity conditions to unreasonable demands such as putting up state-owned assets as collateral for foreseeable legal cases.Although governments are driving vaccine demand, no vaccine producer has mentioned that it has been “forced” to produce vaccines. Furthermore, it’s likely that vaccines are still being purchased as per commercial terms in bilateral deals, with profit margins possibly included. As reported by Reuters, Pfizer’s expected revenue from vaccine sales in 2021 is US$15 billion.Not only profits may have already been accounted for, but part of its costs may have been subsidised by governments. As reported i…
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