Pfizer agreements tend to produce results immediately after consultation on compensation and other problems are ongoing.
Pfizer said his involvement with the Indian government was reported that the government could provide compensation to drug makers. (Reuters).
Explained: What is compensation for vaccine makers? What Pfizer said about that Pfizer agreements tend to produce results immediately after consultation on compensation and other problems are ongoing.
In the midst of reports that the Indian government can provide compensation to Pfizer and Modern so that they export their vaccines to India, Pfizer on Wednesday said consultation with the Indian government is underway and US Pharma companies will not be able to divulge further details at this time at this time.
“Pfizer continues to be engaged to the Indian government to make the Covid-19 vaccine available for use in the government’s immunization program in this country. Because this discussion is underway, we cannot share additional details at this time,” A spokesman for Pfizer told Ani.
What is compensation?
Compensation is protection for vaccine makers of the legal process, which means that they cannot be sued in India. There is no other vaccine maker in India enjoying this clause. But Pfizer said it would export to India only if the transaction with the central government and the company will be protected from legal cases.
Can Goi give compensation to Pfizer?
Because there is no vaccine maker in India that has this immunity, other people can also raise demand if the Indian government provides compensation to Pfizer and Modern. Pfizer has compensation in all countries that have exported the vaccine. So the Indian government can extend compensation in what lines do other countries, report words.