Exclusive: EU talks with Pfizer, Sanofi, J&J on COVID vaccines hit snags - sources27 Jul 2020 18:35
Link: https://www.reuters.com/article/us-health-coronavirus-eu-vaccines-exclus-idUSKCN24S1YQ
My reordered points:
European efforts to secure potential COVID-19 vaccines from Pfizer (PFE.N), Sanofi (SASY.PA) and Johnson & Johnson (JNJ.N) are mired in wrangles over price, payment method and potential liability costs, three EU officials told Reuters. But the EU wants to pay in tranches and delay some payments until the vaccine has passed large clinical trials, the officials said. Aside from the Pfizer, Sanofi and Johnson & Johnson discussions, the EU is also in talks with biotech companies Moderna (MRNA.O) and Germany’s CureVac, officials told Reuters earlier in July.
The United States, meanwhile, has already inked two supply agreements with AstraZeneca (AZN.L) and Pfizer among other major funding deals.