EU considers Covid-19 vaccine agreement amid declining demand.
Following a sharp decline in demand for vaccinations, the European Union and pharmaceutical companies BioNTech and Pfizer agreed on Friday to evaluate the conditions of coronavirus disease 2019 (Covid-19) vaccine delivery.
The European Commission said it had concluded a deal with BioNTech-Pfizer “to address better Member States’ assessment of evolving needs for Covid-19 vaccines.”
After paying a charge to the pharmaceutical companies, the update permits EU governments to purchase fewer vaccine doses than originally agreed upon within a time frame extended to four years.
In an interview with reporters, Stefan de Keersmaecker, the spokesperson for health issues at the European Commission, agreed that the contract needed to be changed due to a “mismatch between supply and demand from certain member countries.”
The agreement modifies the third joint purchase agreement, signed in 2021, and concerned the acquisition of 900 million doses of the Covid-19 vaccine with an option for an additional 900 million between the bloc and BioNTech/Pfizer.
Four hundred fifty million shots were supposed to be supplied in 2021 and 2022, and another 450 million in 2023, according to the original deal.
In light of the EU member states’ decision to evaluate their orders, De Keersmaecker stated that he is “not in a position” to predict how many vaccines the EU would forgo.
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