covid-19 vaccine News

WHO to Form COVID Insurance Scheme for Vaccine Side-Effects in Poor Nations

BRUSSELS – A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in poor nations who might suffer any side-effects from COVID-19 vaccines, aiming to allay fears that could hamper a global rollout …

Mexico Government Could Absorb Some Liabilities Arising from COVID-19 Vaccine

Mexico’s government could absorb some liabilities arising from unexpected side effects of COVID-19 vaccines but is not considering creating a fund to do so, a top official said. As various vaccine candidates make their way through different stages of clinical …

Lack of Clarity on Liability Could Cause Delay with WHO Coronavirus Vaccine Drive

BRUSSELS – Who foots the bill if people in poor countries fall sick with unexpected side-effects from coronavirus vaccines? It’s not clear and that’s a big problem in the battle to beat COVID-19. The World Health Organization (WHO) has so …

Insurers Remain Unfazed by Risks of Clinical Trials for COVID-19 Vaccine

The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific standards and testing rigor. Yet, while more than …

EU Strikes Low-Cost Deal With AstraZeneca to Pay COVID-19 Vaccine Claims

European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different terms to a deal struck with Sanofi, an EU official told Reuters. The deals reflect different strategies by two of …

Confident Russia Vows to Shoulder Some of the Legal Liability of Its COVID-19 Vaccine

Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go wrong, rather than requiring buyers to take on the full risk, the head of the state fund bankrolling the project …

Lawyers Urge Use of ‘Vaccine Court’ Over U.S. Injury Compensation Fund for Coronavirus

A U.S. government program that compensates people who say they have been harmed by an emergency vaccine has paid out on fewer than 10% of claims, raising questions whether the process should be used to address any potential side effects …

Drugmakers Shielded from COVID Vaccine Liability But Funds for Injury Claims in Doubt

Americans who suffer adverse reactions to coronavirus vaccines that the U.S. is racing to develop will have a hard time getting compensated for injuries from the drugs. That’s because pandemic-related claims for vaccines will be routed to a rarely used …

U.S. Drug Regulator Vows Outside Review of Any COVID-19 Vaccines

The United States will need to have independent experts review COVID-19 vaccine candidates before approval, the country’s top drug regulator said on Friday, offering reassurance that his agency would not cut corners in the race to roll out a vaccine. …