AstraZeneca Covid Vaccine: EU Commission launches legal action against AstraZeneca | World News – Times of India

AstraZeneca Covid Vaccine: EU Commission launches legal action against AstraZeneca | World News – Times of India [ad_1]

BRUSSELS: The European Commission says it is launched legal action against vaccine maker AstraZeneca for failing to respect the phrases of its contract with the EU.
Spokesman Stefan De Keersmaecker says “the Commission has started last Friday legal action against the company AstraZeneca on the basis of breaches of the advance purchase agreement.”
He mentioned Monday that the rationale for the legal action was that “some terms of the contract have not been respected” and that “the company has not been in a position to come up with a reliable strategy to ensure a timely delivery of doses.”
AstraZeneca’s contract with the European Union foresaw an preliminary 300 million doses for distribution among the many 27 member international locations, with possibility for an additional 100 million.
But solely 30 million doses have been delivered within the first quarter of 2021, and the corporate says it could solely present 70 million within the second quarter, slightly than the 180 million it had promised.

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