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Business chambers worry over covid19 vaccines supply, fear Agostini's monopoly

Tuesday 9 March 2021 A vial of AstraZeneca vaccine from a batch of 2,000 doses gifted to TT by Barbados from a shipment donated by India. - San Fernando-based business chambers are expressing concern over the acquisition of covid19 vaccines for Trinidad and Tobago after Government announced it would be getting less than half of than the 100,800 doses it had ordered. Also, the news of the takeover of two pharmaceutical firms which are distributors for vaccine manufacturers by the Agostini s Group has raised alarm of a monopoly on distribution. President of the of the Greater San Fernando Chamber Kiran Singh told Newsday on Tuesday it has been frustrating to see what is happening with efforts to acquire vaccines for the country.

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Agostini's buys out two pharmaceutical companies, looks forward to role in covid19 vaccinations

Saturday 6 March 2021 Agostini Group chairman Christian Mouttet, left, at the launch of fresh produce at the Presto Market in Trincity. Alongside Mouttet are SuperPharm business development representative Jean-Luc Mouttet and SuperPharm CEO Glen Maharaj in December 2020. SuperPharm is part of the Agostini Group which has acquired pharmaceutical companies Oscar Francois Ltd and Intersol Ltd. File photo - The Agostini s Group has acquired two companies – Oscar Francois Ltd and Intersol Ltd – expanding its network in the pharmaceutical industry. And the deal comes at a time when the group anticipates a role in the distribution of covid19 vaccines when they become commercially available.