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

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The European Commission has conducted negotiations with several vaccine manufacturers and signed unpublished advance purchase agreements for hundreds of millions of doses on behalf of all member states, including Ireland.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

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