AstraZeneca with Oxford University has developed the COVID-19 vaccine candidate (AZD1222; formerly ChAdOx1 nCoV-19), which is in phase II and II clinical trials. Preliminary Phase I/II data showed an acceptable safety profile and favourable immunogenicity against the virus.
On July 31, AstraZeneca announced that it has just been granted protection from all legal action if the company’s COVID vaccine led to damaging side effects. The company had asked for indemnification, i.e., security against legal liability for one's actions, in the contracts.
“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,” said Ruud Dobber, a top executive at AstraZeneca. Also, the company has pledged to supply a total of more than 2 billion doses at no profit in agreements.
This raised instant red flags for many who are sceptical of coronavirus vaccinations.
The United States, however, already has a law to exclude tort claims from products that help control public-health crises in the form of the 2005 Public Readiness and Emergency Preparedness, or PREP Act.
In light of the above, we would like to know your opinion on Pharma companies being exempted from COVID Vaccine Liability Claims?
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