Classic Kites

Main Menu

  • Home
  • Kites
  • German Loans
  • German Economy
  • Flying Kites
  • Finance Debt

Classic Kites

Header Banner

Classic Kites

  • Home
  • Kites
  • German Loans
  • German Economy
  • Flying Kites
  • Finance Debt
German Economy
Home›German Economy›Germany to ensure production of COVID-19 vaccines until 2029

Germany to ensure production of COVID-19 vaccines until 2029

By Bethany Blackford
March 16, 2022
0
0

An employee of German biopharmaceutical company CureVac demonstrates the coronavirus disease (COVID-19) vaccine research workflow at a laboratory in Tuebingen, Germany March 12, 2020. Picture taken March 12, 2020 .REUTERS/Andreas Gebert/File photo

Join now for FREE unlimited access to Reuters.com

Register

BERLIN, March 16 (Reuters) – Germany plans to spend up to 2.861 billion euros ($3.14 billion) to ensure COVID-19 vaccine makers have the capacity to sufficient production to supply the country with vaccines in future epidemics until 2029, the economy ministry said. .

The German cabinet on Wednesday approved plans to sign contracts with BioNTech (22UAy.DE), CureVac/GSK (5CV.DE), (GSK.L), Wacker/CordenPharma, Celonic and IDT, the ministry said in a statement. .

The contracts will maintain the increased production capacities created during the coronavirus pandemic by paying an annual standby fee, ensuring that enough vaccine can be produced quickly for the population.

Join now for FREE unlimited access to Reuters.com

Register

“We have learned from the coronavirus pandemic and the initial vaccine shortage: With these contracts, we are securing the production and supply of vaccines for years to come and taking precautions for German citizens,” the minister said. of Economics Robert Habeck.

The contracts give the government rights of access to companies’ production capacities if the coronavirus pandemic persists or if a new pandemic breaks out, and contain provisions stipulating the supply and production of vaccines for the government.

The next step is to sign pandemic preparedness agreements with the five companies, according to the economy ministry.

($1 = 0.9106 euros)

Join now for FREE unlimited access to Reuters.com

Register

Reporting by Miranda Murray; Editing by Emma Thomasson and Maria Sheahan

Our standards: The Thomson Reuters Trust Principles.

Related posts:

  1. Eurozone retail gross sales and COVID-19 information at a look
  2. Deutsche Financial institution dodges bullets and goes common
  3. German Greens guess on 40-year-old girl to take over as Merkel
  4. Column: German Greens change market calculation
Tagsbillion euros

Recent Posts

  • Macro Snapshot – German Economy Grows in Q1; Investment banks cut China’s growth outlook
  • The kite that got away
  • Breaking the Bias in Binary – The New Indian Express
  • How Flemish broadcaster VRT became a media innovation powerhouse
  • ‘A Gaping Wound’: How a Birds of Prey movie is a warning to India’s capital | Movies

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • July 2020
  • November 2019
  • October 2019
  • September 2019
  • July 2019

Categories

  • Finance Debt
  • Flying Kites
  • German Economy
  • German Loans
  • Kites
  • Terms and Conditions
  • Privacy Policy