https://www.rt.com/information/582519-south-africa-covid-vaccine-prices/South Africa ‘held to ransom’ over Covid vaccine offers – NGO

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https://www.rt.com/information/582519-south-africa-covid-vaccine-prices/South Africa ‘held to ransom’ over Covid vaccine offers – NGO

The nation was the sufferer of “gross profiteering” by Huge Pharma throughout the pandemic, a report has claimed

An investigation into South Africa’s procurement of Covid-19 vaccines has discovered that the nation’s well being officers bought provides from international pharmaceutical firms at inflated costs in comparison with many Western nations.

The Well being Justice Initiative (HJI), an unbiased physique fashioned throughout the pandemic to observe the South African healthcare system’s dealing with of the disaster, mentioned throughout a information convention this week that the federal government was “bullied” into accepting unfavorable vaccine offers by way of one-sided “ransom negotiations.”

“The [vaccine] contracts comprise unusually hefty calls for and situations, together with secrecy, a scarcity of transparency, and little or no leverage towards late or no supply of provides or inflated costs,” the HJI mentioned in an announcement on Tuesday. It added that this method led to “gross profiteering” and an “incapability to plan correctly in a pandemic.”

The phrases agreed by South Africa’s authorities with Huge Pharma firms equivalent to Pfizer and Johnson & Johnson for the acquisition of Covid-19 vaccines have been the topic of a authorized problem by the HJI final month beneath the nation’s Promotion of Entry to Data Act.

A Pretoria courtroom subsequently dominated in favor of the HJI, compelling the South African authorities to launch the vaccine contracts within the curiosity of transparency and accountability.

The paperwork detailed that South Africa was responsible for vaccine funds of $734 million. The phrases of the agreements included no ensures of a well timed supply or penalties for late arrival. It was additionally discovered that Johnson & Johnson charged South Africa $10 per dose of its vaccine – some $1.50 greater than EU international locations paid.

“The nation was pressured to overpay for vaccines, paying 33% greater than the African Union worth from the Pfizer-BioNTech vaccine and paying the Serum Institute of India 2.5 instances extra for a generic model of the Oxford-AstraZeneca vaccine in comparison with the UK,” the HJI mentioned.

The group claimed that the federal government’s practices all through the pandemic “alerts a harmful precedent for future pandemic readiness,” and that “we have been bullied into unfair and undemocratic phrases in contracts that have been completely one-sided. Put merely, pharmaceutical firms held us to ransom.”

In accordance with publicly out there knowledge, South Africa has recorded 102,595 deaths from Covid-19 for the reason that begin of the pandemic. As of Might 2023, roughly 65% of South Africans have acquired a vaccine towards the virus.


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