Citizen.org – Pfizer’s Power

By ZAIN RIZVI

Source: https://www.citizen.org/article/pfizers-power/

PDF file: https://mkus3lurbh3lbztg254fzode-wpengine.netdna-ssl.com/wp-content/uploads/Pfizer-power-Oct-19-final-web.pdf

n February, Pfizer was accused of “bullying” governments in COVID vaccine negotiations in a groundbreaking story by the Bureau of Investigative Journalism.[1] A government official at the time noted, “Five years in the future when these confidentiality agreements are over you will learn what really happened in these negotiations.”[2]

Public Citizen has identified several unredacted Pfizer contracts that describe the outcome of these negotiations. The contracts offer a rare glimpse into the power one pharmaceutical corporation has gained to silence governments, throttle supply, shift risk and maximize profits in the worst public health crisis in a century. We describe six examples from around the world below.[3]

TABLE 1: SELECT PFIZER CONTRACTS REVIEWED[4]
PurchaserDateTypeDosesPrice Per DoseTotal Cost
AlbaniaDraft[5]Draft Definitive Agreement500,000$12$6 million
Brazil03/15/21[6]Definitive Agreement100 million$10$1 billion
Colombia02/02/21[7]Definitive Agreement10 million$12$120 million
Chile12/01/20[8]Definitive Agreement (Redacted)10 millionRedactedRedacted
Dominican Republic10/29/20[9]Binding Term Sheet[10]8 million$12$96 million
European Commission11/20/20[11]Custom Advance Purchase Agreement200 million$18.6[12]$3.7 billion
Peru09/17/20[13]Binding Term Sheet10 million$12$120 million
United States07/21/20[14]Custom Advance Purchase Agreement (Redacted)100 million$19.5$1.95 billion
United Kingdom10/12/20[15]Custom Advance Purchase Agreement (Redacted)30 millionRedactedRedacted

Pfizer’s demands have generated outrage around the world, slowing purchase agreements and even pushing back the delivery schedule of vaccines.[16] If similar terms are included as a condition to receive doses, they may threaten President Biden’s commitment to donate 1 billion vaccine doses.[17]

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