Panama chooses Astra-Zeneca as multiple vaccines on verge of approval.

Economy

The Government of Panama approved this Wednesday in the Cabinet Council, Cabinet Resolution 93-20, which authorizes the Ministry of Health (Minsa), to proceed with the purchase of one million 92 thousand doses of the vaccine to prevent covid-19, from the British pharmaceutical AstraZeneca UK Limited, in association with Oxford University, for an amount of 4 million 368 thousand dollars.

AstraZeneca has this vaccine in phase III, which implies that the trials have been applied in thousands of volunteers and is ready to present its protocols to international organizations, which must certify it as a safe and effective vaccine, to ensure the entire population . 

In the extraordinary session, the council of ministers also approved the payment of 20% of the total cost of the vaccine to AstraZeneca, that is, $ 873,600 before November 30 to finalize the sale.

Cabinet Resolution 93-20 is given despite the fact that the British pharmaceutical company has not yet announced the percentage of effectiveness of its vaccine as the American Moderna and Pfizer have done, with percentages of effectiveness of 90 and 95%, respectively. 

Astra Zeneca faced some setbacks during the analysis phase, after a volunteer for this study in Brazil passed away. The University of Oxford stated at the time that the investigation after the death of this Brazilian volunteer found no safety problems in his vaccine, so they subsequently continued with the trial.   

The British company has already reached agreements for Argentina and Mexico to produce its vaccine, once it is tested.   

In Mexico, three pre-purchase agreements for the covid-19 vaccine have already been signed with AstraZeneca, CanSino Biotech and Pfizer with the “objective of being among the first to have the vaccine.”

The State Communication Directorate reported that the negotiation with Panama took place after the intervention of the interdisciplinary team appointed by the President of the Republic, Laurentino Cortizo Cohen.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Economy
Middle East and UAE businesses are bullish on Panama opportunities.

https://www.laestrella.com.pa/economia/inversionistas-exploran-oportunidades-de-negocio-en-panama-GC8004998 The Ministry of Commerce explained to businessmen the strategic position of Panama, the competitive advantages and the benefits it offers as an ideal place for foreign investment A group of foreign investors, led by Kuwaiti businesswoman Dana Al Salem, came to Panama to learn about the competitive advantages and …

"JB"
PREZ MULINO: Take a look at RED FROG BEACH in Bocas!! New ASEP fines for operating without concession.

How does 20 years under 4 administrations without a concession sound?  Arbitrarily assigning different prices per KwH that are unregulated and essentially a “monopoly” run by an asshole that has been permitted to act with impunity.   TAKE A LOOK at ECO-FLOW.    Your Welcome Prez.  Your pal-  “JB”.  AMERICAN and …

Economy
Mulino decisions already having ripple effect in global markets.

https://www.mining.com/web/first-quantum-stock-jumps-on-panama-plans-for-mine-environmental-audit/ Shares of Canadian miner First Quantum Minerals jumped 6% on the Toronto Stock Exchange in early trading on Tuesday, following news that Panama would conduct an environmental audit of the Cobre Panama mine to decide whether it can safely be reopened. President Jose Raul Mulino officially took charge of …