Asia stocks retreat on US-Iran flare-up    Contact Financial Holding Delivers Stellar Q1-2025 Results with 306% YoY Net Income Surge, Fueled by Soaring Insurance and Fintech Growth    Egypt, Tunisia discuss boosting healthcare cooperation    Egyptian ministers visit mega date farm project to boost agricultural exports    Egypt launches national initiative to combat sudden cardiac death    Egypt's chemical, fertilizer exports rise 18% in 4M 2025, Reaching $3.14bn    Egypt's President, Oman's Sultan discuss de-escalating Iran-Israel conflict    Egypt voices deep concern over recent developments in Iran    Egypt's Al-Sisi tells Iran's Pezeshkian Israeli escalation threatens region    Egypt releases Greek-tagged loggerhead turtle in Mediterranean conservation effort    Egypt-Türkiye trade exchange approaches $9bn in 2024: FM Abdelatty    EIB supports French defence SMEs with €300m loan    Waste management reform expands with private sector involvement: Environment Minister    Egypt's PM reassures citizens over strategic food reserves amid crisis    Egypt's PM urges halt to Israeli military operations    Egypt's EDA, AstraZeneca discuss local manufacturing        Egypt's EHA, Schneider Electric sign MoU on sustainable infrastructure    Sisi launches new support initiative for families of war, terrorism victims    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



AstraZeneca, EU both claim victory in tussle over deliveries
Published in Ahram Online on 18 - 06 - 2021

AstraZeneca and the European Union both claimed victory Friday in a court tussle over allegations that the coronavirus vaccine-maker was not producing shots for the 27-nation bloc fast enough.
AstraZeneca was seen as a key pillar of the EU's vaccine rollout. Its contract with the Commission foresaw an initial 300 million doses being distributed, with an option for another 100 million, but the speed of deliveries was far slower than the company originally thought.
AstraZeneca said that a judge in Brussels ordered delivery of 80.2 million doses of its vaccine by 27 September 2021. The EU's executive branch, the European Commission, had requested that the drug-maker deliver 120 million vaccine doses in total by the end of June.
``We are pleased with the Court's order,`` company Executive Vice-President Jeffrey Pott said in a statement. ``AstraZeneca has fully complied with its agreement with the European Commission and we will continue to focus on the urgent task of supplying an effective vaccine.``
The Commission, for its part, also claimed a victory in that the judge had ordered the company to respect a delivery schedule of 15 million doses by July 26, 20 million doses by August 23 and 15 million doses by Sept. 27. It ordered a fine of 10 euros ($12) per dose not delivered.
``This decision confirms the position of the Commission: AstraZeneca did not live up to the commitments it made in the contract. It is good to see that an independent judge confirms this,`` Commission President Ursula von der Leyen said.
``This shows that our European vaccination campaign not only delivers for our citizens day by day. It also demonstrates, that it was founded on a sound legal basis,'' she said in a statement.
For its part, AstraZeneca also noted that the judge had acknowledged the difficulties in respecting a tight supply schedule ``in this unprecedented situation.``
``AstraZeneca now looks forward to renewed collaboration with the European Commission to help combat the pandemic in Europe,'' the Anglo-Swedish company said.


Clic here to read the story from its source.