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EU Secures 1.8 Billion Doses; Waivers in Focus: Virus Update

U.S. Count Eases; EU Secures 1.8 Billion Doses: Virus Update
Bloomberg
48 mins ago
The U.S. looks set for its first week since mid-September in which daily coronavirus cases have not exceeded 50,000.
The European Union approved a contract with Pfizer Inc. and BioNTech SE for as many as 1.8 billion vaccine doses as the region bulks up its vaccination campaign through 2023.
In India, more than 4,000 daily deaths were recorded in the latest sign the pandemic is intensifying in the world’s worst-hit nation.
There are more vaccine options coming, at least. The World Health Organization gave its backing to a shot developed by China’s Sinopharm Group, paving the way for a wider rollout in vaccine-short countries. ....

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WTO Wades Into Vaccine Feud as Merkel, Pharma Balk at Biden Plan

WTO Wades Into Vaccine Feud as Merkel, Pharma Balk at Biden Plan
Bloomberg
5/6/2021
Bryce Baschuk and Josh Wingrove
© Bloomberg
Home of the World s Biggest Vaccine Maker Has One of India s Worst Outbreaks
(Bloomberg) The pharmaceutical companies hate it. The Biden administration is embracing it. Now, finding common ground for wider distribution of Covid-19 vaccines in poorer countries falls to the World Trade Organization a body known more for its inability to do international deals than to clinch them.
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Drug companies have a powerful ally in Germany, along with other nations, opposing a waiver of rules protecting the intellectual property behind the vaccines. When the U.S. backed that waiver, it sent shares of American and European vaccine makers tumbling on Wednesday. ....

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