Berliner Boersenzeitung - Vaccine supply outstrips demand, access inequity remains

EUR -
AED 4.256956
AFN 73.025715
ALL 95.949476
AMD 436.297619
ANG 2.074964
AOA 1062.93451
ARS 1612.94327
AUD 1.652435
AWG 2.089356
AZN 1.967595
BAM 1.955789
BBD 2.330587
BDT 141.989225
BGN 1.981335
BHD 0.437098
BIF 3425.18131
BMD 1.159144
BND 1.479892
BOB 7.995956
BRL 6.158991
BSD 1.157194
BTN 108.18041
BWP 15.778914
BYN 3.510781
BYR 22719.216032
BZD 2.327287
CAD 1.590438
CDF 2637.051746
CHF 0.913915
CLF 0.027244
CLP 1075.743011
CNY 7.982325
CNH 8.005156
COP 4253.376791
CRC 540.497051
CUC 1.159144
CUP 30.717307
CVE 110.264398
CZK 24.533102
DJF 206.058876
DKK 7.485174
DOP 68.689625
DZD 153.294405
EGP 59.995673
ERN 17.387155
ETB 182.369105
FJD 2.566866
FKP 0.868886
GBP 0.868988
GEL 3.147122
GGP 0.868886
GHS 12.613931
GIP 0.868886
GMD 85.195634
GNF 10142.944655
GTQ 8.863952
GYD 242.098679
HKD 9.082181
HNL 30.628833
HRK 7.547526
HTG 151.809172
HUF 393.825438
IDR 19654.671984
ILS 3.603923
IMP 0.868886
INR 108.971735
IQD 1515.891728
IRR 1524998.397107
ISK 144.047075
JEP 0.868886
JMD 181.799008
JOD 0.821884
JPY 184.582318
KES 149.909182
KGS 101.364683
KHR 4623.974769
KMF 494.9542
KPW 1043.263627
KRW 1744.871088
KWD 0.355359
KYD 0.964295
KZT 556.326964
LAK 24848.864411
LBP 103633.234522
LKR 360.97803
LRD 211.758845
LSL 19.520593
LTL 3.42265
LVL 0.701154
LYD 7.40796
MAD 10.813041
MDL 20.15189
MGA 4824.973672
MKD 61.639664
MMK 2432.829233
MNT 4136.032637
MOP 9.340449
MRU 46.320747
MUR 53.912042
MVR 17.920267
MWK 2006.589051
MXN 20.785187
MYR 4.565818
MZN 74.068653
NAD 19.520593
NGN 1572.088888
NIO 42.579768
NOK 11.082828
NPR 173.089056
NZD 1.98507
OMR 0.445687
PAB 1.157194
PEN 4.000678
PGK 4.994973
PHP 69.722594
PKR 323.078037
PLN 4.286287
PYG 7557.95876
QAR 4.231477
RON 5.101971
RSD 117.449359
RUB 96.003076
RWF 1683.690813
SAR 4.352186
SBD 9.333031
SCR 15.877613
SDG 696.645486
SEK 10.817726
SGD 1.4866
SHP 0.869658
SLE 28.485998
SLL 24306.675843
SOS 661.296392
SRD 43.453394
STD 23991.933773
STN 24.499866
SVC 10.124945
SYP 128.330276
SZL 19.526893
THB 38.14515
TJS 11.114439
TMT 4.068594
TND 3.417581
TOP 2.790939
TRY 51.295008
TTD 7.850957
TWD 37.135139
TZS 3008.583584
UAH 50.692923
UGX 4373.976133
USD 1.159144
UYU 46.629746
UZS 14107.92302
VES 527.051768
VND 30499.388379
VUV 137.76417
WST 3.161925
XAF 655.953421
XAG 0.017051
XAU 0.000258
XCD 3.132643
XCG 2.085489
XDR 0.815796
XOF 655.953421
XPF 119.331742
YER 276.574852
ZAR 19.764849
ZMK 10433.68695
ZMW 22.593877
ZWL 373.24379
  • RBGPF

    -13.5000

    69

    -19.57%

  • NGG

    -3.5400

    81.99

    -4.32%

  • GSK

    -0.5300

    51.84

    -1.02%

  • RIO

    -2.5000

    83.15

    -3.01%

  • BTI

    -1.3500

    57.37

    -2.35%

  • RELX

    -0.4600

    33.36

    -1.38%

  • BCE

    0.0600

    25.79

    +0.23%

  • CMSC

    -0.2000

    22.65

    -0.88%

  • AZN

    -5.3300

    183.6

    -2.9%

  • BP

    -1.0800

    44.78

    -2.41%

  • RYCEF

    -1.2600

    15.34

    -8.21%

  • CMSD

    -0.2420

    22.658

    -1.07%

  • BCC

    -1.5600

    68.3

    -2.28%

  • VOD

    -0.0900

    14.33

    -0.63%

  • JRI

    -0.3900

    11.77

    -3.31%

Vaccine supply outstrips demand, access inequity remains
Vaccine supply outstrips demand, access inequity remains

Vaccine supply outstrips demand, access inequity remains

After two years of racing to vaccinate the world against Covid-19, the number of available doses now surpasses demand in many areas.

Text size:

Yet a yawning gap remains in vaccination rates between the richest and poorest countries.

On Friday, Gavi, which co-leads the Covax global distribution scheme, is holding a summit calling for more funds to address the issue of inequality in vaccine access.

- Huge production -

More than 13 billion doses have been produced since the pandemic, 11 billion of which have been administered, according to the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA).

Science research group Airfinity expect nine billion more doses to be produced this year. Pfizer alone plans to make four billion doses.

Yet demand could fall to six billion doses this year, IFPMA's director general Thomas Cueni said.

"Since mid-2021, global vaccine production has exceeded global vaccine demand and this gap has continuously risen," Cueni told AFP.

By next year, production could exceed demand by 1.3 to 3.1 billion doses, he added.

Many richer nations are now approaching oversupply. European Union and G7 countries had a surplus of 497 million doses at the end of last month.

There are fears that doses could go to waste. Covid vaccines have a relatively short shelf-life -- AstraZeneca and Novavax's jabs have a six-month expiry date.

Airfinity says 241 million doses have passed their sell-by date so far during the pandemic.

- Billions unvaccinated -

Nevertheless, billions of people remain unvaccinated around the world, most of them in developing nations.

Covax, an international public-private partnership co-led by WHO and Gavi, has delivered 1.4 billion doses to 145 countries -- far short of the planned two billion doses by end-2021.

World Health Organization chief Tedros Adhanom Ghebreyesus has warned that inequality in vaccine access could lead to the emergence of new, possibly more contagious variants.

The WHO wants 70 percent of every country's population vaccinated by July.

But records are uneven.

Nearly 80 percent of France's population, for example, has received two doses. But only 15 percent of the population on the continent of Africa is fully vaccinated, according to Oxford University data.

An average of 42 percent of the population of 92 low- and middle-income countries participating in Covax have had one dose.

"Vaccine inequity is the biggest moral failure of our times and people and countries are paying the price," UN Secretary-General Antonio Guterres said earlier this year.

Covax says it now has enough doses to vaccinate around 45 percent of the population in the 92 countries receiving donations. But 25 of those countries lack the infrastructure for an effective immunisation campaign.

Making matters worse, many developing countries are being donated doses too close to their expiry date.

UNICEF's supply division director Etleva Kadilli said that in December almost more than 100 million doses had been refused, "the majority due to product shelf life".

Gavi has ruled that doses must be valid for at least 10 weeks on arriving in countries.

- Patent gridlock -

Countries like South Africa and India have long called for the World Trade Organization to suspend intellectual property rights for vaccines and anti-Covid treatments, so they can massively boost production.

After fierce opposition from pharmaceutical giants, a first compromise was reached between the United States, European Union, India and South Africa last month.

But several key countries like Switzerland have yet to sign on. Doctors Without Borders also says there are "key limitations" in the deal, such as covering only vaccines and geographical limits.

Pharmaceutical companies argue that patents are not the real problem.

Cueni of IFPMA, a big pharma lobby group, said the problem was now logistics.

"What we need is money to have storage, transportation, more trained health workers, campaigns to counter misinformation: these are the real challenges and not the patent waiver," he said.

- New variants -

Current vaccines target the virus that swept the world in 2020. While they greatly reduce the risk of serious illness from Covid, they only provide partial protection -- particularly against newer variants such as the now dominant Omicron.

Several vaccine manufacturers have begun testing jabs that target Omicron. They have hit delays but could be available in a few months, if approved by health authorities.

And despite the billions yet to receive a first dose, the United States, Britain, France and Israel have started rolling out a fourth, starting with the most vulnerable.

On Wednesday, the EU's medicines watchdog approved a second booster for people aged 80 years and over.

"No country can boost its way out of the pandemic," Tedros has warned.

lem-ic-burs-dl/jm

(A.Lehmann--BBZ)