The European Commission received a mandate from EU governments on Friday to negotiate advance purchases of promising coronavirus vaccines, the ...
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, Feb 19, 2020. BRUSSELS: The European Commission received a mandate from European Union governments on Friday to negotiate advance purchases of promising COVID-19 vaccines, the EU's top health official said, but it is unclear whether there is enough money available.
Such a multiple vaccine strategy could cost much more than the US$1.2 billion deal signed by the United States in May to secure 300 million doses of a single coronavirus vaccine being developed by British drug-maker AstraZeneca. The bloc has accepted extra risks so as not to lag behind China and the US in the race to a vaccine, which currently does not exist.
EU officials said the bloc would not buy vaccines produced exclusively in the US, fearing that would delay supplies to Europe.
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