Serum Institute of India refunds South Africa for undelivered COVID-19 vaccines

Sumary of Serum Institute of India refunds South Africa for undelivered COVID-19 vaccines:

• AFP) The Serum Institute of India has fully refunded South Africa for the 500,000 doses of the COVID-19 vaccine, which were not delivered to the country after it decided not to use the vaccine because it was not effective against a new variant of the virus..
• A million doses from the institute, which had already been delivered, have been sold on to other countries in the African Union..
• “Treasury has confirmed that the Serum Institute of India has fully refunded us for the remaining 500,000 doses that had not been delivered to South Africa and the money is already in our bank account,”.
• “The one million doses that we have received have been sold to the African Union platform and have been distributed to many African countries, who have been able now to have access to these vaccines,”.
• The minister explained why other states in Africa could use the 500,000 doses of the vaccine, which were rejected by South Africa..
• Mkhize said South Africa would continue to support AstraZeneca”s efforts and would deal with them again when they could show that they had developed a vaccine with efficacy against the new variant in South Africa…

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From MoneyControl - 09/04/2021