Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
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Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#2> During Covid-19 vaccine negotiations, the company sought indemnity against civil claims from citizens who had experienced adverse vaccine effects — meaning that the government would have to cover the costs instead.
Aren't those "unreasonable" terms already the case in the U.S.?
There's no liability, right?
Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#3> During Covid-19 vaccine negotiations, the company sought indemnity against civil claims from citizens who had experienced adverse vaccine effects — meaning that the government would have to cover the costs instead. Aren't those "unreasonable" terms already the case in the U.S.? There's no liability, right?
I think the difference is that in the U.S. there is a law that protects Pfizer from lawsuits. In South Africa they wanted assets incase such a law isn't enforced or exists?
Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#4What I would find interesting to know if people would trust more a vaccine from their government (for example the CDC) or a private vaccine maker that has immunity and wants to make a profit? Also how this differs from country to country.
Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#5Pfizer should be judged by the Morales of Mephistopheles.
Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#6> During Covid-19 vaccine negotiations, the company sought indemnity against civil claims from citizens who had experienced adverse vaccine effects — meaning that the government would have to cover the costs instead. Aren't those "unreasonable" terms already the case in the U.S.? There's no liability, right?
Well Americans always explain why they pay more for drugs is that they subsidise the rest of the world(drug companies). One could say the US economy is based around the people(government) giving money(subsidising) to the rich(drug companies).
So the terms may not seem unreasonable in the us but are in other countries. Since the condition is effectively the government covering the risk rather than the drug company paying for insurance like they should in a market economy
Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#7> During Covid-19 vaccine negotiations, the company sought indemnity against civil claims from citizens who had experienced adverse vaccine effects — meaning that the government would have to cover the costs instead. Aren't those "unreasonable" terms already the case in the U.S.? There's no liability, right?
I’m pretty sure this is the case in the UK too - Pfizer basically immune from any claims resulting from side effects etc.
Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#8> During Covid-19 vaccine negotiations, the company sought indemnity against civil claims from citizens who had experienced adverse vaccine effects — meaning that the government would have to cover the costs instead. Aren't those "unreasonable" terms already the case in the U.S.? There's no liability, right?
I think the difference is that in the U.S. there is a law that protects Pfizer from lawsuits. In South Africa they wanted assets incase such a law isn't enforced or exists?
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Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#9I know WHO has been concerns about this and setting up a compensation fund for developing countries.
https://www.reuters.com/article/us-health-coronavirus-who-va...
Re: Pfizer backs down over ‘unreasonable’ terms in South Africa vaccine deal
#10> During Covid-19 vaccine negotiations, the company sought indemnity against civil claims from citizens who had experienced adverse vaccine effects — meaning that the government would have to cover the costs instead. Aren't those "unreasonable" terms already the case in the U.S.? There's no liability, right?
I’m pretty sure this is the case in the UK too - Pfizer basically immune from any claims resulting from side effects etc.
Quite a few countries have used vaccine injury compensation schemes over the years.
https://www.researchgate.net/figure/Countries-and-provinces-...