Galvez: Vaccine procurement deals to be signed by Jan 2021

Most procurement agreements for COVID-19 vaccines are expected to be signed by January 2021, according to vaccine czar Carlito Galvez Jr.

He stated that initial contract signings are being pushed for December, with most expected in January.

The Philippines anticipates receiving vaccines in the first quarter, possibly by March, with subsequent tranches arriving later in the year.

The government is in advanced negotiations with Sinovac Biotech Ltd. and is in exploratory talks with nine more vaccine companies, including Sinopharm and CanSino Biologics.

A key requirement for the Philippines to procure vaccines is the emergency use authorization (EUA), which is currently being awaited from vaccine companies.

The Chinese government aims to produce 500 million doses within the next 12 months.

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