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Price of covid 19 vaccine philippines

price of covid 19 vaccine philippines price of covid 19 vaccine philippines

Eighteen batches contained a combined 15, AstraZeneca vaccine doses. The first set was delivered to the country on March 4. Five batches were from COVAX, seven were procured by either or both the government and the private sector, while the rest were donated by Japanthe United KingdomGermanyand Brunei. Nine sets of Moderna vaccine doses totaling around 9. These include over 2.

The first batch arrived in the country on July 16, followed by another one the day after. Eleven batches of Sputnik V vaccine doses totaling 1.

price of covid 19 vaccine philippines

The first set of Sinopharm doses, totaling , price of covid 19 vaccine philippines on August The United Arab Emirates donated these doses. Philippine Health Secretary Francisco Duque III earlier said the country would begin its inoculation program for high-risk individuals and poor families in March. Some Filipinos who do not want to wait for more months are planning to travel abroad because they have a higher chance of getting the vaccine there. In particular, Filipino holders of a US green are keen on being inoculated in the US where the vaccines are already being rolled out. It is likely, however, that the price of vaccines going to developing countries and middle income countries will vary and will be cheaper than those paid by those countries where the vaccines are produced originally.

As more vaccines get accepted for adoption and use, the supply of vaccines will also increase and their price will become less burdensome. Bilateral contracts between governments and the companies that manufacture the vaccines is the name price of covid 19 vaccine philippines the distribution game. Some rich governments hedged under uncertainty of success and over-bought contracts. These contracts involved non-refundable initial commitments of cash. Should vaccines, however, enter the retail market, the price of those will be astronomical and their efficacy or genuineness will be see more question as they are likely to be leakages in the supply chain sold to governments.

All country public health systems are undertaking vaccinations as a government-initiated program and initiative. Misbehavior, which has very high rewards in times of emergencies, can be expected in drug distribution.

When it happens, the following could be the culprits: countries with over-bought supplies; recipient institutions of early supplies; drug companies that might direct supplies to private buyers; and criminal elements. Price of vaccines. The European Union contracted its vaccine needs as a bloc, representing all 27 member countries and, as a result, secured good prices for each country.

This was partly accidentally revealed by the release of prices that the government of Belgium is paying for its vaccine purchases. Since this is the same price secured for all EU countries, their secret is out of the price of covid 19 vaccine philippines. The Washington Post seized the moment and compared the prices that the US government is paying for the same vaccines.

price of covid 19 vaccine philippines

Here is what the comparison revealed. Pfizer explained that the EU committed to buy million doses, but the US only bought million doses.

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Report: Pfizer, Moderna raise prices for COVID-19 vaccines - ANC

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