State will have to indemnify pharma companies ahead of Covid-19 vaccines roll-out

Irish government officials have already begun looking at the prospect of establishing a no-fault compensation scheme for all vaccines, the Business Post understands

Daniel Murray

Political Correspondent @danieltmurray
17th November, 2020
State will have to indemnify pharma companies ahead of Covid-19 vaccines roll-out
The Business Post understands EU countries must set up indemnity schemes to take on the financial liability for potential adverse side effects related to the Covid-19 vaccines. Picture: Getty

The Irish state will have to indemnify Covid-19 vaccine manufacturers against certain civil liabilities if they want access to the European Commission’s pool of vaccines, the Business Post has learned.

The European Commission has conducted negotiations with several vaccine manufacturers and signed unpublished advance purchase agreements for hundreds of millions of doses on behalf of all member states, including Ireland.

The Business Post understands that those agreements include clauses to ensure member states...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Contractor’s claims against children’s hospital could add €446m to project

Health Donal MacNamee 1 week ago

Spunout.ie to relaunch with new look

Builder offers €10k reward for info on Children’s Hospital arson attacks

Health Rachel Lavin 2 weeks ago

Department of Health spent less than €500k on IT security in past five years

Health Donal MacNamee 3 weeks ago