What exactly is happening with AstraZeneca?

average_runner wrote: »

EU threatening to block pfzier drug to the UK now. That's action i like to see

Link ?

average_runner wrote: »

EU threatening to block pfzier drug to the UK now. That's action i like to see

I haven't heard of this one and as far as I am aware Pfizer is on track to meet their EU commitments set out in the contract, yes they will have less coming in this week and next but the end result will be more coming in during the following weeks therefore their first quarterly deliveries will be on track or possibly even ahead of schedule

Not in Kansas wrote: »

Absolutely Mick. A lot of talk about concerns over the education and future of our children being affected by the pandemic in recent days. Well actually, I'm far more worried about what kind of a world we will have if poorer countries are simply left behind in the vaccination programmes. The idea of a shared humanity will become meaningless, and what kind of a world is that for our children?

Thing is though if you can't make a profit then why would you invest in vaccine research in the first place? No-one invests a billion if the best you are allowed do is breakeven.

So by definition it would limit vaccine research to philanthropists (of which there is a limited supply) or governments/nationalised entities which have huge in-efficiencies.

Not in Kansas wrote: »

Absolutely Mick. A lot of talk about concerns over the education and future of our children being affected by the pandemic in recent days. Well actually, I'm far more worried about what kind of a world we will have if poorer countries are simply left behind in the vaccination programmes. The idea of a shared humanity will become meaningless, and what kind of a world is that for our children?

this is a huge concern of mine too - what about all the other countries who dont have access to a vaccine - nobody talks about them- what are their options - it will be years before they have a vaccine.


in addition to the humanitarian issue - this also means that travel to and from those countries will be affected and world travel will be affected for a long time.

average_runner wrote: »

How do you think these medical companies pays it dividends?


How do you think they get investment?

Dividends and investment is a subject for another thread

In short they get investment because of the work all staff in the company do to make a success.

I wonder what should have been done differently by the EU, without benefit of hindsight (i.e. it is late Spring/early Summer 2020, we don't know which companies will succeed or fail in r & d and trials, we don't know which will have production troubles etc).

I mean we know that the alternative of the countries trying to do it all independently outside ad-hoc EU framework that has been created would have been a disaster. Is that accepted?

The evidence for that imo is provided by what happened with PPE/medical supplies at start of pandemic (also described as an "EU failure" at the time by posters on this site afair).

BredonWimsey wrote: »

this is a huge concern of mine too - what about all the other countries who dont have access to a vaccine - nobody talks about them- what are their options - it will be years before they have a vaccine.


in addition to the humanitarian issue - this also means that travel to and from those countries will be affected and world travel will be affected for a long time.

That's where COVAX comes in and part of the thinking behind the EU's huge orders is that extras can ultimately be made available to other nations.

average_runner wrote: »

EU threatening to block pfzier drug to the UK now. That's action i like to see

The unsubstantiated anti-British rhetoric from a few posters is totally uncalled for.

If you want to play at that game, then the UK could just take delivery of its Pfizer doses in Belfast and Gibraltar (within the single market). It might be hard to use it all there (40m doses), but it would make the EU export ban pointless so might give the EU some pause for thought.

HalfAndHalf wrote: »

Not my point, the rhetoric of good to see us (if true) trying to block potentially life saving treatment being delivered to another country is appalling. And celebrating it is just as bad!

What conversation has to happen there for the EU to stop a US company from supplying products to the U.K. it doesn’t look good at all!!

It's actually goods made in the EU, which they are entitled to do, however it looks. The EU are not the bad guys and they have shelled out huge sums to get vaccines produced. It's a very large pharma company which may already be in breach of contract before they have even started delivering.

is_that_so wrote: »

That's where COVAX comes in and part of the thinking behind the EU's huge orders is that extras can ultimately be made available to other nations.

aww ok thanks alot!

BredonWimsey wrote: »

are they getting an injunction




whats going on - did the UK offer more money or something?

If the EU believe the UK are behind it, they can block exports to a particular country. Its their union and their rules !!!


It will all sort itself out by Friday

oharach7 wrote: »

The unsubstantiated anti-British rhetoric from a few posters is totally uncalled for.

If you want to play at that game, then the UK could just take delivery of its Pfizer doses in Belfast and Gibraltar (within the single market). It might be hard to use it all there (40m doses), but it would make the EU export ban pointless so might give the EU some pause for thought.

Escalation is not the aim here. A customer is demanding that a supplier honours their contract.

is_that_so wrote: »

It's actually goods made in the EU, which they are entitled to do, however it looks. The EU are not the bad guys and they have shelled out huge sums to get vaccines produced. It's a very large pharma company which may already be in breach of contract before they have even started delivering.

Its still a US company.

It’s a very large pharma company that have currently stated are having production issues in their EU pipeline which isn’t impacting the U.K. pipeline. That’s all we know at the moment.

It’s hard to believe the contract would be so hardline as to guarantee X amount of such a newly developed product without contingency for production variables.

If these threats to block Pfizer deliveries ends up being true, with no foundation from the AZ accusations then it is a very bad look for the EU!

is_that_so wrote: »

Escalation is not the aim here. A customer is demanding that a supplier honours their contract.

While ignoring what are currently completely understandable reasons for the initial shortfall. Production issues within the EU pipeline!

This whole rhetoric of blame AZ and the Brits and punish them (the people) accordingly is disgraceful if true.

People have said I’m some AZ fanboy, yet seem to be totally OK with the direction this is taking. It looks bad and leaves a very bad taste as it’s currently being reported.

HalfAndHalf wrote: »

Its still a US company.

It’s a very large pharma company that have currently stated are having production issues in their EU pipeline which isn’t impacting the U.K. pipeline. That’s all we know at the moment.

It’s hard to believe the contract would be so hardline as to guarantee X amount of such a newly developed product without contingency for production variables.

If these threats to block Pfizer deliveries ends up being true, with no foundation from the AZ accusations then it is a very bad look for the EU!

Biontech are German and the nationality is irrelevant. As a posted said above, their union, their rules. By and large the suppliers have upped production in markets where they need huge supplies. The EU are hinting that any supplies produced in the EU stay there. Let's not forget this conversation would not be happening but for the current AZ mess.