Coronavirus: the Commission approves third contract to ensure access to a potential vaccine

(Credit: Unsplash)

This article is brought to you in association with the European Commission.


Today, the European Commission approved a third contract with a pharmaceutical company, Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson.

Once the vaccine has proven to be safe and effective against COVID-19, the contract allows Member States to purchase vaccines for 200 million people. They will also have the possibility to purchase vaccines for an additional 200 million people.

Member States may also decide to donate the vaccine to lower and middle income countries or to re-direct it to other European countries.

The Commission has already signed a contract with AstraZeneca and with Sanofi-GSK and it concluded successful exploratory talks with CureVac, BioNTech-Pfizer and Moderna.

President of the European Commission, Ursula von der Leyen, said: “As the coronavirus continues to spread worryingly across Europe, it is crucial to find a vaccine, and fast. I’m glad that we have been able to find an agreement with Johnson & Johnson to purchase vaccines for 200 million people. This will be our third contract with a pharmaceutical company. Our aim is to provide EU citizens with safe and effective vaccines as soon as they are found.”

Stella Kyriakides, Commissioner for Health and Food Safety, said: “Ensuring a safe and effective vaccine is at the core of our European Vaccine Strategy. Today we have secured our third vaccine agreement, expanding our portfolio of vaccine candidates and therefore our chances to find an efficient remedy against the virus. More agreements will follow, and we remain determined in our search for a successful and safe vaccine to combat this deadly pandemic.”

The Janssen COVID-19 vaccine candidate leverages the AdVac® technology platform, which was also used to develop and manufacture Janssen’s recently approved Ebola vaccine and the Zika, RSV, and HIV vaccine candidates. The vaccine candidate is already in phase III of clinical trials.

The Commission’s decision to support this vaccine is based on a sound scientific assessment, the technology used, the company’s experience in vaccine development and its production capacity to supply the whole of the EU.

Background

The European Commission presented on 17 June a European strategy to accelerate the development, manufacturing and deployment of effective and safe vaccines against COVID-19. In return for the right to buy a specified number of vaccine doses in a given timeframe, the Commission finances part of the upfront costs faced by vaccines producers in the form of Advance Purchase Agreements. Funding provided is considered as a down-payment on the vaccines that will actually be purchased by Member States.

Since the high cost and high failure rate make investing in a COVID-19 vaccine a high-risk decision for vaccine developers, these agreement will therefore allow investments to be made that otherwise would simply probably not happen.

The European Commission is also committed to ensuring that everyone who needs a vaccine gets it, anywhere in the world and not only at home. No one will be safe until everyone is safe. This is why it has raised almost €16 billion since 4 May 2020 under the Coronavirus Global Response, the global action for universal access to tests, treatments and vaccines against coronavirus and for the global recovery and has confirmed its interest to participate in the COVAX Facility for equitable access to affordable COVID-19 vaccines everywhere. As part of a Team Europe effort, the Commission announced is contributing with €400 million in guarantees to support COVAX and its objectives in the context of the Coronavirus Global Response.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Migration crisis will keep deteriorating as common EU political will is simply not there

As Libya talks resume in Geneva, UN negotiator seeks to overcome sticking points

COP21 Breaking News_12 December: 195 countries adopt the First Universal Climate Agreement

IMF: Sorry Greece, Ireland, Portugal we were wrong!

Google succumbs unconditionally to EU’s “right to be forgotten” ruling

Weak growth of G20 international merchandise trade in third quarter of 2018

Livelihoods of millions in East and Southeast Asia at risk from Swine Fever epidemic

EU seeks foreign support on 5G from Mobile World Congress 2015 as the “digital gold rush” begins

Impact Investment needs global standards and better measurement

Restore land to save the planet, boost the economy, says head of UN body combating desertification

Mergers: Commission clears Vodafone’s acquisition of Liberty Global’s cable business in Czechia, Germany, Hungary and Romania, subject to conditions

‘Everyone must be on board’ for peace in Central African Republic: UN’s Lacroix

UN committed to helping Haiti build better future, says Guterres, marking 10-year anniversary of devastating earthquake

Gender equality: an issue much talked about but less acted upon

From philanthropy to profit: how clean energy is kickstarting sustainable development in East Africa

Entrepreneurship’s key to success showcased by a serial young entrepreneur

Project Manager – 2024

This simple digital solution could streamline global travel and boost trade during COVID – here’s how

European Citizens’ Initiative: A game of much publicity and one big lie

The eyes of Brazil and the world turn to the largest rainforest and largest biodiversity reserve on Earth #PrayForAmazonia.

The US and EU decisively oppose Erdogan’s plans for Turkey and beyond

This US city sends mental health workers instead of police to non-criminal emergency calls

INTERVIEW: ‘Defend the people, not the States’, says outgoing UN human rights chief

These are the top countries for travel and tourism in 2019

The smartest cyber investment is collective action. Here’s why

US and China in painstaking efforts to conclude trade talks

Digital was our lifeline in 2020, and we are more positive about it since

‘Don’t forget Madagascar’s children’, UN appeals for long-term help as emergency worsens

The US Congress and European Parliament vote are TTIP’s 10th round’s lucky cards

Wednesday’s Daily Brief: Diplomacy for Peace Day, #VaccinesWork, the cost of war on Afghans, tech and well-being

Climate change hits the poor hardest. Mozambique’s cyclones prove it

EU commits €9 million in humanitarian aid for the most vulnerable families in Myanmar

Republic of Korea President proposes DMZ as future ‘peace and cooperation district’ on Peninsula

UN leads bid for cheaper insulin, expanding access for diabetics worldwide

Europe’s dirty air kills 400,000 people every year

Commission’s report shows that targeted investment and robust digital policies boost Member States’ performance

The gender gap of medicine in 2018

Telemedicine during the pandemic: its benefits and limitations

Telemedicine can be a COVID-19 game-changer. Here’s how

Trade MEPs promise thorough scrutiny of the EU-UK agreement

Visa liberalisation: Commission reports on fulfilment of visa-free requirements by Western Balkans and Eastern Partnership countries

Tomorrow’s UK general election: Will Tories win majority to shoot an abrupt Brexit or a hung parliament will prolong January’s exit to 2050?

This man ran across the USA to raise awareness of plastic pollution

5 ways to fast-track the transition to a carbon neutral world

Don’t let smoking steal life’s breathtaking moments, urges UN health agency

Security Council marks transition from 15 years of UN peacekeeping in Haiti

Latest leaked TTIP document confirms EU sovereignty may be under threat

Safer roads: More life-saving technology to be mandatory in vehicles

Monday’s Daily Brief: ‘Horror’ at Notre Dame fire disaster, Yemen still bleeding, measles now ‘global crisis’

COVID-19: What you need to know about the coronavirus pandemic on 4 January

Somalia advancing towards ‘inclusive and peaceful future’ for women, deputy UN chief

Can Obama attract Iran close to the US sphere of influence?

Egypt is building one of the world’s largest solar parks

These are the cities with the biggest carbon footprints

Entrepreneurial leadership: what does it take to become a leader?

From low-earth orbit, ‘envoys’ of humanity join UN space forum

COP21 Breaking News_10 December: the final sprint of the Final Agreement Negotiations

How studying genetics and lifestyle can shape a healthier MENA region

Zero carbon by 2050 is possible. Here is what we need to do

Myanmar military target civilians in deadly helicopter attack, UN rights office issues war crimes warning

More Stings?

Advertising

Trackbacks

  1. […] Coronavirus: the Commission approves third contract to ensure access to a potential vaccine – […]

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s