Lawstreet Journal

Pfizer Supply likely in July, Indemnity clause being examined: Centre

Lawstreet Journal 29 May 2021 6:24pm

Image courtesy: Lawstreet Journal Executive Pfizer Supply likely in July, Indemnity clause being examined: Centre

After reports of a stalemate made rounds between drugmaker, Pfizer and the government of India over the indemnity clause, Mr. V.K.Paul, member of NITI Aayog (Health) stated that the government is now examining Pfizer’s request for indemnity in case of  severe side-effect from the vaccine and informed that the government will take  a decision in the larger interest of the people and on merit.

Mr. Paul said that since Pfizer have requested indemnity to all the nations, including the United States of America, the government is looking at what their expectations are from the government and what the government expects from them in return.

Pfizer had told Indian officials that the vaccine shows high efficacy against the strain prevalent in India and is suitable to the people of Indian ethnicity and nationality for everyone aged 12 or above and can be stored for a month at 2-8 degrees.

In the face of vaccine shortage with majority of people still unvaccinated, Pfizer is ready to offer 5 crore doses to India between the months of July and October. A source privy to the discussion informed that the government and Pfizer Chairman and CEO Albert Bourla, have agreed to jointly work to accelerate the procurement, indemnity and liability and the regulatory requirement for post approval bridging studies for the company’s vaccine in India.

Pfizer thanked the government to agree to its request for central government pathway procurement and initiate dialogue about the indemnity and liability clause. Pfizer said India should rely… Continue Reading...

Tagged: Pfizer   Corona Updates  
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