+

INDIA, PFIZER HIT IMPASSE OVER VACCINE INDEMNITY DEMAND: SOURCES

NEW DELHI: Pfizer and the Indian government hit a roadblock over a demand by the US drugmaker for legal protection from any claims linked to the use of its Covid-19 vaccine in one of the world’s biggest markets, sources told Reuters. India has not given any manufacturer of a Covid-19 vaccine indemnity against the costs […]

NEW DELHI: Pfizer and the Indian government hit a roadblock over a demand by the US drugmaker for legal protection from any claims linked to the use of its Covid-19 vaccine in one of the world’s biggest markets, sources told Reuters.

India has not given any manufacturer of a Covid-19 vaccine indemnity against the costs of compensation for any severe side effects, which is a condition Pfizer has obtained in many countries where its shots have already been widely rolled out, including Britain and the United States.

“The whole problem with Pfizer is the indemnity bond. Why should we sign it?” an Indian government source with direct knowledge of the matter told Reuters. “If something happens, a patient dies, we will not be able to question them (Pfizer). If somebody challenges in a court of law, the central government will be responsible for everything, not the company,” the source added.

WITH AGENCY INPUTS

Tags: