MP accuses Pharmaniaga of profiteering from Sinovac sales

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PARLIAMENT | Teo Nie Ching (Harapan–Kulai) has accused Pharmaniaga Berhad of profiteering from sales of Sinovac’s Covid-19 vaccine by charging state governments and the private market as much as double the price it charged the federal government.She also questioned the government for failing to act against Pharmaniaga’s behaviour, which she said is unfair.According to Teo (above), the company is selling the vaccines at US$30 (RM126.90) for a course of two doses, but the same vaccine series is being sold at RM300 to state governments and the private market.“Pharmaniaga is certainly allowed to make a profit. However, we should not allow them to profit abundantly from selling vaccines especially with a profit rate which is more than 100 percent.“If vaccines are literally a life and death issue and a complete necessity then a government-linked company cannot be allowed to profit t…