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    Philippine News

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    The Philippines continues to negotiate supply deals with multiple COVID-19 vaccine makers, despite its president preferring Chinese and Russian vaccines. The health ministry says they are negotiating continuously and no manufacturer has formally requested pre-payment. President Duterte criticized Western firms for seeking advance payment or reservation fees for vaccines still in clinical trials, pledging to prioritize deals with Russia and China. The Philippines is restricted by procurement laws from pre-paying for goods before delivery and final specifications, putting it at a disadvantage amid high global vaccine demand.

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    Philippine News

    Uploaded by

    galatians
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    The Philippines continues to negotiate supply deals with multiple COVID-19 vaccine makers, despite its president preferring Chinese and Russian vaccines. The health ministry says they are negotiating continuously and no manufacturer has formally requested pre-payment. President Duterte criticized Western firms for seeking advance payment or reservation fees for vaccines still in clinical trials, pledging to prioritize deals with Russia and China. The Philippines is restricted by procurement laws from pre-paying for goods before delivery and final specifications, putting it at a disadvantage amid high global vaccine demand.

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    The Philippines continues to negotiate supply deals with multiple COVID-19 vaccine makers, despite its president preferring Chinese and Russian vaccines. The health ministry says they are negotiating continuously and no manufacturer has formally requested pre-payment. President Duterte criticized Western firms for seeking advance payment or reservation fees for vaccines still in clinical trials, pledging to prioritize deals with Russia and China. The Philippines is restricted by procurement laws from pre-paying for goods before delivery and final specifications, putting it at a disadvantage amid high global vaccine demand.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    36 views2 pages

    Philippine News

    Uploaded by

    galatians
    The Philippines continues to negotiate supply deals with multiple COVID-19 vaccine makers, despite its president preferring Chinese and Russian vaccines. The health ministry says they are negotiating continuously and no manufacturer has formally requested pre-payment. President Duterte criticized Western firms for seeking advance payment or reservation fees for vaccines still in clinical trials, pledging to prioritize deals with Russia and China. The Philippines is restricted by procurement laws from pre-paying for goods before delivery and final specifications, putting it at a disadvantage amid high global vaccine demand.

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    © All Rights Reserved
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    FILE PHOTO: Filipinos watch Duterte's fifth State of the Nation Address

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    By Neil Jerome Morales

    MANILA (Reuters) - The Philippines continues to negotiate supply deals with a wide range
    of COVID-19 vaccine makers, its health ministry said on Wednesday, despite its president
    scolding Western firms and saying he wanted Chinese and Russian vaccines.

    The Philippines, which has the most infections and second highest number of deaths in
    Southeast Asia, is potentially a large market for vaccine makers with its population of 107
    million.

    "We are still continuously negotiating," Health Undersecretary Maria Rosario Vergeire told
    Reuters in a text message. "No vaccine manufacturers have 'formally' asked for pre-
    payment, though there have been insinuations during the discussions."

    President Rodrigo Duterte on Monday lashed out at Western vaccine manufacturers for
    seeking advance payment or a reservation fee for vaccines that are still under clinical trials.
    He pledged to prioritise Russia or China, countries that he frequently praises during his
    trademark verbal tirades at the West.

    His government has talked to a number of potential vaccine suppliers, including those of
    Russia and China plus U.S. drugmaker Pfizer Inc and Moderna Inc. It plans to meet
    Australian biotech giant CSL Ltd.

    A Philippine procurement law forbids payment of goods well ahead of delivery and before a
    product's specifications are finalised, putting the country at a disadvantage amid expected
    high global vaccine demand. The Philippines has recorded nearly 270,000 coronavirus
    infections and over 4,600 deaths.

    In contrast, countries like the United States and the United Kingdom have committed to buy
    hundreds of millions of doses even as vaccines are still under late-stage trials.

    The Philippines has joined a World Health Organization-led vaccine trials and allocation
    plan and is promoting itself as a site for pharma firms' phase 3 trials, Vergeire said.

    "We are doing all efforts to put us in a position to access these vaccines," Vergeire told a
    regular news conference.

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