The EU's export restrictions on coronavirus injections would be a "lost" case: Pfizer CEO

A Pfizer executive said the European Union's restrictions on exporting COVID-19 vaccines will lead to a "lose-lose" situation for everyone, including EU members, a day after the European Union strengthened oversight of injection deliveries outside its borders.

The EU action would give more leeway to block shipments to countries with higher vaccination rates, such as Great Britain, or that do not share the doses that they produce.

The specter of export restrictions worried many, given the global nature of vaccine production, with syringes containing hundreds of ingredients from dozens of countries. Companies fear that new obstacles to injection or raw materials could disrupt epidemic control efforts as the world struggles to contain the third wave of infections.

CTM NEWS

25 March 2021