World

‘Enough Covid-19 vaccines to cover global population by year-end’

Even if rich countries jab children, at least 1.2 bil doses remain for poor nations, say industry heavyweights

Updated 5 years ago · Published on 08 Sep 2021 2:00PM

‘Enough Covid-19 vaccines to cover global population by year-end’
Up to 70% of adults have received two vaccine doses in richer nations while in Africa, the figure is a mere 6%. – AFP pic, September 8, 2021

GENEVA – There will be enough Covid-19 vaccine doses produced by the end of this year to cover the global population, industry heavyweights said yesterday.

There is a yawning gap in vaccination rates between rich and poor countries, but the threshold of 7.5 billion vaccine doses will be reached this month, Thomas Cueni, the head of the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) told a news conference here.

Up to 70% of adults have received two vaccine doses in richer nations while in Africa, the figure is a mere 6%.

About 1.5 billion doses are being manufactured every month, according to Airfinity, a scientific data analysis firm.

The global production of coronavirus vaccine doses is projected to reach 12 billion by the end of 2021.

This means that, even if rich countries want to vaccinate everyone aged 12 and over, there will be at least 1.2 billion doses available for redistribution to poor countries, Airfinity said.

“It also means that governments still holding back doses stocks in case of shortages no longer need to do so,” Cueni said.

IFPMA said that the production of vaccine doses would reach 24 billion by the middle of next year – a figure it said is greater than global demand.

Albert Bourla, head of US pharmaceuticals giant Pfizer, which makes a vaccine in collaboration with Germany’s BioNTech, said the cost of the jab is not an issue.

He said his company priced the doses according to the economic strength of the country where it is being sold.

Paul Stoffels, the scientific director of US drug maker Johnson & Johnson, said lifting patents, as demanded by some non-governmental organisations, is also not an issue currently.

“At the moment, it’s all about optimising existing manufacturing capacity of vaccines by those people who know how to produce,” he said.

“If it takes us 18 months to get to upscaling manufacturing in existing plants... it will take different companies so much longer and so it doesn’t help.” – AFP, September 8, 2021

Related News

Malaysia / 4mth

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

Malaysia / 7mth

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

Opinion / 11mth

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

Malaysia / 1y

MOH closely monitoring Covid-19 amid rising cases in neighbouring countries

Opinion / 1y

The Trump dilemma and reclaiming balance: The urgent need for fair global trade

Culture & Lifestyle / 1y

Renowned public health expert honoured at award ceremony in Penang

Spotlight

Malaysia

Haze: Schools in Johor, Melaka, and Negeri Sembilan to close tomorrow

Malaysia

Tun Mahathir’s health improves, but not ready to leave hospital

Malaysia

LPT3 row puts Kelantan’s infrastructure priorities under scrutiny

Malaysia

Terengganu royal family member sues two banks over RM1.99m missing from savings

Malaysia

Irene Sofiya murder probe referred to Johor prosecutors for review

Malaysia

Teacher denies negligence charges over fatal school SUV crash in Kota Bharu

Malaysia

Sulaiman Md Ali opts out of Melaka polls, will not defend Lendu

You may be interested

World

North Korea test-fires tactical ballistic missile amid rising regional tensions

World

Fresh magnitude-6 earthquake strikes Panama after deadly tremor

World

Iran says US response on Hormuz Strait reopening proposal falls short

World

IMF warns AI sell-off; Soaring bond yields could trigger global market turmoil

World

Five Malaysians held in Tokyo over RM3.1m cocaine haul hidden in shoes

World

Indonesia rules out national disaster status for forest fires despite regional haze

World

Houthi attacks hit Riyadh, Dammam airports as Saudi Arabia faces mounting security threat