PH looking to finalize vaccine supply deal with Sinovac this week | Inquirer News

PH looking to finalize vaccine supply deal with Sinovac this week

/ 01:17 PM December 14, 2020

MANILA, Philippines — Philippine authorities are looking to finalize negotiations with Chinese pharmaceutical firm Sinovac Biotech this week for a possible supply agreement of its coronavirus vaccine in the country.


COVID-19 policy chief implementer and vaccine czar Carlito Galvez, Jr. said their meeting with Sinovac representatives last Friday was “very substantial.” He said that he has conveyed the country’s need for 25 million doses of Sinovac vaccines for 2021.

“We want to finalize this week [the] negotiations so that we can firm up the head of terms and also we are looking at the exact time of the distribution,” Galvez said in a televised press briefing Monday.


The Chinese firm vowed to supply vaccines here by April 2021 but Galvez said they are negotiating to have it by March.

Sinovac is currently seeking the approval of the Food and Drug Administration (FDA) to conduct Phase 3 clinical trials here after passing the initial evaluation of the country’s vaccine experts panel.

Galvez earlier said Sinovac’s vaccine may be the first to be rolled out in the country.

However, bribery claims are putting serious questions into the efficacy and safety of Sinovac’s vaccine after US newspaper Washington Post reported that the firm had been found to have a record of bribing Chinese drug regulators to secure vaccine approvals.

But Malacañang is unfazed by the controversy, saying that it trusts the regulatory process of the country’s FDA to ensure that the vaccine is safe for use.

For more news about the novel coronavirus click here.
What you need to know about Coronavirus.
For more information on COVID-19, call the DOH Hotline: (02) 86517800 local 1149/1150.

The Inquirer Foundation supports our healthcare frontliners and is still accepting cash donations to be deposited at Banco de Oro (BDO) current account #007960018860 or donate through PayMaya using this link.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: bribery, Carlito Galvez, Coronavirus, COVID-19, NcoV, Philippines, Sinovac, vaccine
For feedback, complaints, or inquiries, contact us.

Subscribe to our daily newsletter

© Copyright 1997-2022 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.