Protect the LLC and not the citizens…
“If side effects develop from the COVID-19 vaccine being created by British pharmaceutical giant AstraZeneca, they don’t plan to pay for it.
The company, which is one of about two dozen trying to develop a vaccine against the disease, revealed on Thursday, that even before the vaccine gets to market, most of the countries where it would supply the drug have agreed to protect the company from liability, according to Reuters.
“This is a unique situation where we as a company simply cannot take the risk if in … four years the vaccine is showing side effects,” Ruud Dobber, part of AstraZeneca’s senior executive team, said.
“In the contracts we have in place, we are asking for indemnification. For most countries it is acceptable to take that risk on their shoulders because it is in their national interest,” he said.
Reuters reported that European Union nations and drug companies such as Pfizer, Sanofi and Johnson & Johnson were finding that liability protection an issue.
TRENDING: Detroit Police Chief Offers Simple Explanation on Why Mob Hasn’t Taken Over: ‘We Don’t Retreat Here’
Dobber did not name the nations that have agreed to protect AstraZeneca from liability.
In the United States, the company is already protected under the 2005 Public Readiness and Emergency Preparedness Act.”