World

Pfizer offers 40 mil Covid-19 shots to poorer countries at cost

This is through the globally pooled Covax facility

Updated 5 years ago · Published on 23 Jan 2021 8:00AM

Pfizer offers 40 mil Covid-19 shots to poorer countries at cost
The Pfizer-BioNTech vaccine is the only one so far to have received emergency use approval from the WHO. – File pic, January 23, 2021

GENEVA – Pfizer announced yesterday that it will provide up to 40 million of its Covid-19 vaccine doses to poorer countries on a non-profit basis, through the globally pooled Covax facility.

While dozens of the world's richer countries have begun their vaccination campaigns in a bid to curb the pandemic, coronavirus jabs have been few and far between in the world's poorer nations.

Covax – the globally pooled coronavirus vaccine procurement and equitable distribution effort, aimed at ensuring that lower-income countries get hold of doses too – is hoping to ship its first deliveries next month.

Covax is co-led by the World Health Organisation and Gavi, the Vaccine Alliance. The Pfizer-BioNTech vaccine is the only one so far to have received emergency use approval from the WHO.

Developing countries should have "the same access to vaccines as the rest of the world", Pfizer chairman Albert Bourla told a virtual press conference.

"We will provide the vaccine to Covax for these countries at a not-for-profit basis.

"We are proud to have this opportunity to provide doses that will support Covax's efforts towards vaccinating health care workers at high risk of exposure in developing countries, and other vulnerable populations."

Ready to roll 

Set up last year, Covax initially aimed to secure enough Covid-19 vaccines this year for the most vulnerable 20% in participating countries.

In Covax, funding is covered through donations for the 92 lower- and lower-middle income economies involved, while for richer countries, buying in operates as a back-up insurance policy.

Gavi chief executive Seth Berkley said nearly 150 million doses of the AstraZeneca-Oxford vaccine were ready to ship through Covax – pending emergency use approval from the WHO, which is on course to happen in mid-February.

He said Covax should be able to deliver those doses in the first quarter of 2021.

Covax still needs to finalise a supply agreement for the Pfizer-BioNTech vaccine.

Berkley said Covax could procure 2.3 billion vaccine doses this year, which, he said, would equate to close to 1.8 billion doses for the poorest 92 countries – enough to vaccinate about 27% of the population, an upgrade on the initial target.

'Science will win' 

WHO director-general Tedros Adhanom Ghebreyesus said vaccines were offering the hope of ending the pandemic and repairing the global economy.

However, "to do that, we need every member state, every partner, and every vaccine producer on board".

Speaking more broadly than Covax, Pfizer's Bourla said he felt confident that Pfizer-BioNTech could produce two billion Covid-19 vaccine doses by the end of this year.

"Science will win, and will win for everyone," he said.

Asked about how many vaccine doses all manufacturers might be able to produce this year, Gavi's Berkley said: "I think we're talking about numbers in the range of six to seven billion doses".

Doctors Without Borders said the 40 million doses offered to Covax by Pfizer were a drop in the ocean and a lamentable "pittance" compared with the direct deals it has struck with high-income countries.

"We call on pharmaceutical corporations like Pfizer and its peers to supply the Covax facility with the volumes it needs at an at-cost price," the medical charity's Dana Gill said in a statement.

"If the world is going to emerge from this pandemic, we absolutely must distribute these vaccines equitably, not based upon who can pay the most." – AFP, January 23, 2021

Related News

Community / 2w

Penang: Old age is not a problem, but a new reality to embrace, says Exco

Malaysia / 1mth

Covid-19 cases in Malaysia stable, no deaths recorded this year – MOH

Community / 1mth

Penang on track to ensure the best for the aged

World / 2mth

European countries monitor cruise-linked Hantavirus cases as WHO urges calm

Malaysia / 4mth

Bad move to channel EPF dividends into Account 3 for festive withdrawals, cautions economist

Opinion / 8mth

A tale of two administrations: How Warisan and GRS shaped Sabah’s future

Spotlight

Opinion

When bullying turns violent, Malaysia must confront what is happening inside schools

By The Vibes Says

Malaysia

Malaysia-Thailand open historic border crossing to deepen trade, regional integration

By Ian McIntyre

Malaysia

Gerak Khas drama actress, Tisha Samsir denies drug involvement

Malaysia

Student stabbing: Teenage girl sent to Hospital Bahagia for psychiatric evaluation

Malaysia

Anwar wishes Tun M a happy 101st birthday

World

Israel shares intelligence with US over alleged Iranian plot to assassinate Trump

Malaysia

EPF members withdraw RM19.87 billion from Flexible Account as of May 31

Malaysia

Melaka: Student who was allegedly bullied chases schoolmate with box cutter

World

Fresh US-Iran strikes deepen Middle East crisis as ceasefire crumbles

You may be interested

World

AI set to reshape nearly 80 million jobs across Southeast Asia without mass layoffs

World

Iran Foreign Minister to hold Oman talks on Strait of Hormuz security

World

Trump: US and Iran to continue talks as Hormuz tensions overshadow fragile diplomacy

World

Minor earthquake shakes northern Thailand, no damage reported

World

Typhoon Bavi disrupts S’pore flights as Japan, Taiwan and China brace for severe weather

World

Fresh US-Iran strikes deepen Middle East crisis as ceasefire crumbles

World

Sri Lanka moves to ease prison overcrowding after deadly Negombo riot kills 28

World

Venezuela earthquake death toll climbs to 4,118 as relief efforts intensify