BR100 Decreased By (-1.2%)
BR30 Decreased By (-1.31%)
KSE100 Decreased By (-0.95%)
KSE30 Decreased By (-0.95%)
AGHA 6.32 Decreased By ▼ -0.05 (-0.78%)
BECO 4.27 Decreased By ▼ -0.10 (-2.29%)
BML 62.45 Decreased By ▼ -0.19 (-0.3%)
BOP 31.23 Decreased By ▼ -0.39 (-1.23%)
CNERGY 11.59 Decreased By ▼ -0.18 (-1.53%)
CSIL 5.72 Decreased By ▼ -0.37 (-6.08%)
FCCL 61.54 Decreased By ▼ -0.55 (-0.89%)
FFL 15.02 Increased By ▲ 0.29 (1.97%)
FNEL 1.23 Increased By ▲ 0.03 (2.5%)
KEL 6.26 Increased By ▲ 0.10 (1.62%)
KOSM 5.56 Decreased By ▼ -0.12 (-2.11%)
LOTCHEM 24.68 Decreased By ▼ -0.37 (-1.48%)
MLCF 104.08 Decreased By ▼ -1.19 (-1.13%)
NBP 175.28 Decreased By ▼ -5.29 (-2.93%)
NCPL 52.77 Decreased By ▼ -0.56 (-1.05%)
NPL 54.12 Decreased By ▼ -0.67 (-1.22%)
OGDC 313.39 Decreased By ▼ -2.70 (-0.85%)
PACE 9.20 Decreased By ▼ -0.19 (-2.02%)
PAEL 35.80 Increased By ▲ 0.36 (1.02%)
PIBTL 13.47 Decreased By ▼ -0.32 (-2.32%)
PPL 221.81 Decreased By ▼ -3.54 (-1.57%)
PRL 79.08 Decreased By ▼ -1.31 (-1.63%)
PTC 46.85 Decreased By ▼ -1.17 (-2.44%)
SSGC 23.87 Decreased By ▼ -0.54 (-2.21%)
TBL 9.31 Decreased By ▼ -0.07 (-0.75%)
TELE 7.39 Decreased By ▼ -0.20 (-2.64%)
TPL 25.11 Decreased By ▼ -0.23 (-0.91%)
TPLP 12.51 Decreased By ▼ -0.59 (-4.5%)
TREET 26.25 Increased By ▲ 1.21 (4.83%)
TRG 53.44 Decreased By ▼ -1.39 (-2.54%)
World

EU rejects AstraZeneca vaccine contract claims

  • "One of the plants with the highest yield is in the UK because it started earlier," he said.
Published Updated
By

BRUSSELS: A senior EU official on Wednesday contested drug company AstraZeneca's explanation for a delay in vaccine deliveries and stressed Brussels is demanding it fulfil its contract.

The British-Swedish firm has a deal with the European Commission to supply 400 million doses of its coronavirus vaccine, which is a expected to get EU approval on Friday.

But, due to what it said was a production shortfall in the firm's European plants, the firm has warned that it will miss its target, while still meeting a separate contract it signed with the UK.

In an interview on Tuesday, CEO Pascale Soriot said the UK had signed its contract three months earlier than the EU and this had given the firm time to iron out "glitches" in British plants.

"As for Europe, we are three months behind in fixing those glitches. Would I like to do better? Of course," he said.

"One of the plants with the highest yield is in the UK because it started earlier," he said.

"Anyway, we didn't commit with the EU, by the way. It's not a commitment we have to Europe, it's a 'best effort': we said we are going to make our best effort."

But the European official contested that, and warned that Brussels would hold AstraZeneca to its contract.

"We contest many of the things in the interview, including the idea that the factories in the UK are reserved for UK deliveries. It's not true," the EU official said

"On the idea of 'best effort', in the contract we have redundancies. So if there is a problem in a plant in Belgium we have capacity in other plants in Europe and the UK."

The European Commission has not revealed the text of its contract with the firm, citing commercial confidentiality imposed by AstraZeneca, but it is expected to give a detailed response later Wednesday.

Comments

Comments are closed for this article.