The UK drug firm AstraZeneca has agreed to supply the Philippines more coronavirus disease 2019 (Covid-19) vaccine doses to the Philippines through a private sector initiative.
The development came after the private sector, AstraZeneca and the government concluded two weeks ago the first agreement for the initial supply of 2.6 million doses of the company’s Covid-19 vaccine to the Philippines. The deal is worth P626 million.
“We are happy to announce that with enough support, and of course, demand coming from the private sector, the second part is already in the works,” Presidential Adviser for Entrepreneurship Jose Maria “Joey” Concepcion 3rd said on Sunday.
“This development is really fantastic. I thank the Astra group for their efforts for really helping the Philippines,” he said.
Concepcion said they got a lot of inquiries from the private sector for the additional supply of Covid vaccines after their first supply agreement with AstraZeneca was concluded two weeks ago.
At least 30 companies have pooled their resources to fund the first batch of Covid-19 vaccines of which half of the supply will be donated to the government, and the other half will be used by private companies to immunize their officers and employees.
AstraZeneca claims its Covid-19 vaccine is 70-percent effective. SOVEREIGNPH