Russia, China in lead as Philippines seeks deals for Covid-19 vaccines
- The Philippines is in talks with 10 countries and regions but seems close to conducting late-stage vaccine trials for the Chinese and Russian candidates
- American drug maker Pfizer’s vaccine may be challenging to import and it is unclear if President Rodrigo Duterte will approve advance payments to reserve supplies
US drug maker Pfizer, which is collaborating with Germany’s BioNTech, has already stepped in to offer its vaccine, according to the Philippine ambassador to the US Jose Manuel Romualdez. Earlier this week, the company said the vaccine showed an “extraordinary” 90 per cent rate of effectiveness in early trials.
Romualdez said Pfizer had agreed to sell the vaccine to the Philippines as soon as it is approved by the US Food and Drug Administration. The Philippines has yet to finalise pre-orders with Pfizer, however, or with any other vaccine manufacturer.
“We started talking to American firms three to four months ago, and Pfizer was the first one to get in touch,” Romualdez said during a televised news conference. “The good news is the vaccines will be sold to many of their allies, specifically the Philippines, at a not-so-expensive price.”
Romualdez estimated Pfizer could charge the Philippines about US$5 per dose.