9/15/2023 0 Comments Pfizer secret government contracts![]() ![]() "It's almost as if the company would ask the United States to put Grand Canyon as collateral," said Lawrence Gostin, a professor of public health law at Georgetown University. Contracts reached with Brazil, Chile, Colombia and the Dominican Republic saw states government "immunity against precautionary seizure of any of assets." It opposed an intellectual property waiver that could have meant the sharing of its technology.Įxperts who reviewed the terms of contracts with foreign governments suggested that some demands are extreme. company that developed a vaccine using breakthrough mRNA technology, are facing pressure from critics who accuse them of building a "duopoly." Though Pfizer did not accept government funding through Operation Warp Speed, it received huge advance orders from the United States. Sharon Castillo, a spokesperson for Pfizer, said that confidentiality causes were "standard in commercial contracts" and "intended to help build trust between the parties, as well as protect the confidential commercial information exchanged during negotiations and included in final contracts."īoth Pfizer and Moderna, another U.S. Disputes are settled in secret arbitration courts, with Pfizer able to change the terms of key decisions, including delivery dates, and demand public assets as collateral. Public Citizen found common themes across contacts, including not only secrecy, but also language to block donations of Pfizer dose. The "contracts consistently place Pfizer's interests before public health imperatives," said Zain Rizvi, the researcher who wrote the report. ![]() The Manhattan-based pharmaceutical giant has maintained tight levels of secrecy about negotiations with governments, over contracts that can determine the fate of populations. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.Ī new report by Public Citizen, a consumer rights advocacy group that gained access to a number of leaked, unredacted Pfizer contracts, released Tuesday sheds light on how the company uses that power to "shift risk and maximize profits," the organization argues. Sales could double in 2022, according to projections.īut the rapid proliferation of the vaccine, under contracts negotiated between the company and governments, has unfolded behind a veil of strict secrecy, allowing for little public scrutiny of Pfizer's burgeoning power, even as demand surges amid new negotiations for one of the world's most sought-after products. First to receive emergency use approval in the United States, the Pfizer shot has become the world's most popular, with 3.5 billion purchased. ![]() The coronavirus vaccine developed by Pfizer and BioNTech has proven a success. ![]()
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