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Pfizer strong-armed governments in COVID-19 vaccine supply talks, report says


Pfizer is playing a leading role in producing vaccines against COVID-19, but new documents released by Public Citizen shine a light on the company's aggressive tactics when negotiating supply deals. In draft and final deals with the U.S., the U.K., Brazil and other countries, Pfizer retained rights to 'silence' governments and 'throttle supply' in an effort to 'maximize profits' amid the world's 'worst public health crisis in a century,' Public Citizen concluded. For instance, in a deal with Brazil, Pfizer restricted the government from making “any public announcement concerning the existence, subject matter or terms of [the] Agreement” without a signoff from the drugmaker. Brazil also couldn't talk about the country's relationship with Pfizer without a signoff, Public Citizen said.

Fierce Pharma - October 20, 2021

View the full story here: https://www.fiercepharma.com/pharma/pfizer-strong-armed-governments-covid-19-vaccine-supply-talks-report-says