EU Talks With Pfizer, Sanofi, J&J on Coronavirus Vaccines Hit Snags Over Pricing: Report
4 years, 8 months ago

EU Talks With Pfizer, Sanofi, J&J on Coronavirus Vaccines Hit Snags Over Pricing: Report

News 18  

European efforts to secure potential COVID-19 vaccines from Pfizer, Sanofi and Johnson & Johnson are mired in wrangles over price, payment method and potential liability costs, three EU officials told Reuters. The EU's negotiations with Johnson & Johnson are among the most advanced but have yet to conclude amid a back-and-forth over how to share liability costs if the potential vaccine showed unexpected side-effects, two of the officials told Reuters. France's Sanofi is negotiating to supply 300 million doses of the potential vaccine it is developing with British drugmaker GlaxoSmithKline Plc to the EU and wants an immediate upfront payment for the entire stock, two officials said. Aside from the Pfizer, Sanofi and Johnson & Johnson discussions, the EU is also in talks with biotech companies Moderna and Germany's CureVac, officials told Reuters earlier in July.

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