Top scientist defends decision to sell AstraZeneca vaccine at a profit

0

One of the scientists behind the Oxford/AstraZeneca Covid-19 vaccine has defended a decision to make profits on new supply deals, as the partnership announced that more than 2bn doses had been delivered.

Sandy Douglas, a research group leader at Oxford, said in an interview that it was “a distraction for people to latch on to the pricing”, and that this was “losing sight of what’s really important”.

Oxford university said it had reached the 2bn milestone by using a strategy that involved “feeding” certain nutrients to vaccine-making cells, allowing more to be made in each batch.

Pascal Soriot, AstraZeneca’s chief executive, called it a “proud day and testament to what can be achieved when we all work together”.

According to life sciences consultancy Airfinity, 2.11bn doses of CoronaVac made by China’s Sinovac have been delivered to date. For the BioNTech/Pfizer jab, the figure is 1.96bn.

AstraZeneca announced last week that it had signed its first for-profit deals for its vaccine, moving away from the completely non-profit model it used during the pandemic. It is also creating a vaccines division.

It had previously said it would make no profit from sales of the vaccine for the duration of the pandemic. It will continue to supply poorer nations on a non-profit basis.

Chart showing pharma companies have delivered billions of Covid vaccine doses

“Do I think the pandemic is over? Absolutely not. In many countries around the world death rates are still as high as they have ever been,” Douglas said.

“We can only begin to say the pandemic is actually over once there is really wide, equitable, widespread access to vaccines all around the world.

“AstraZeneca has done more than any other company to address that,” he said. “They haven’t made the massive profits others have made by focusing sales on the rich world throughout the height of the pandemic.”

The AstraZeneca vaccine has had some setbacks this year, including delays because of manufacturing problems, concerns over a very rare blood clotting side effect and disputes over data about its effectiveness.

Pfizer and Moderna, another vaccine maker, have been criticised for making substantial profits while not doing enough to address disparities in global access.

“I’d love to see any other company match AstraZeneca’s commitment to affordability and equitable access,” Douglas said.

“Frankly, I don’t think any of the people in low-income countries who haven’t had a vaccine yet are bothered about whether or not AstraZeneca is making a modest profit in richer countries. It’s irrelevant.”

Additional reporting by Hannah Kuchler

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Health & Fitness News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment