• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 8, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

EU commences legal action against AstraZeneca over ‘breach of contract’

April 26, 2021
thevaultzby thevaultz
in Europe
0
AstraZeneca announces delivery of 68 million COVID doses in 1st quarter

Image: Getty Images

The European Union (EU) has announced that it has launched legal action against AstraZeneca;over an alleged breach of contract in delivering its coronavirus vaccine.

According to the EU, the bloc expected 120m doses in the first quarter of 2021;but AstraZeneca was only able to deliver about a quarter of that. The pharmaceutical company blamed shortages on production problems at a plant in Belgium, leading to angry accusations from EU officials.

The officials were particularly enraged when AstraZeneca refused to divert doses made in two plants in the UK. AstraZeneca’s Chief Executive, Pascal Soriot, claimed;in the company’s defence that, he was contractually obliged to provide doses made in the UK to British citizens first.

RelatedPosts

Ukraine Seeks More Details on US Weapons Delivery U-turn

River Seine Reopens

Trump, Zelenskyy Agree To Strengthen Ukraine’s Air Defences

Untitled 14 1

Addressing the legal proceedings, EU spokesman, Stefan De Keersmaecker intimated;that the EU only wants to “ensure the timely delivery of doses”.

“The company hasn’t been in the position to come up with a reliable strategy;to ensure the timely delivery of doses.

“What matters to us, in this case, is that we want to make sure that there’s a speedy;delivery of a sufficient number of doses that European citizens are;entitled;to and which have been promised on the basis of the contract.

“So, the Commission has indeed started;legal action on its own behalf and on behalf of the 27 member states that are fully aligned;in their support for this procedure.”

AstraZeneca will ‘strongly defend itself in court’

Meanwhile, AstraZeneca has indicated that the company regrets the decision by the EU to start a legal case over alleged breaches of an “advance purchase agreement”.

The pharmaceutical company declared that it would “strongly defend itself in court”, highlighting its supply of 50m Covid vaccine doses to the bloc.

In a statement, AstraZeneca pointed;out that it was;on course to fulfil its commitments to the EU for the end of this month. The company also noted that its vaccines made up 97% of the doses provided to the WHO’s Covax initiative.

“Following an unprecedented year of scientific discovery, very complex negotiations, and manufacturing challenges, our company is about to deliver almost 50m doses to European countries by the end of April, in line with our forecast. firstly

“AstraZeneca has fully complied with the advance purchase agreement with the European commission and will strongly defend itself in court. We believe any litigation is without merit and we welcome this opportunity to resolve this dispute as soon as possible.”

covax
AstraZeneca actively involved in Covax initiative

The company’s statement also emphasized the difficulties in vaccine production at scale.

“We are making progress addressing the technical challenges and our output is improving, but the production cycle of a vaccine is very long which means these improvements take time to result in increased finished vaccine doses.

“Much work is ahead of us in the EU and elsewhere, as we continue to deal with the terrible pandemic and the rollout of vaccination programmes. AstraZeneca has an important role to play, and our intent remains to do that fairly and equitably at no profit during the pandemic in the EU and around the world.”

Read Also: Ghanaians demonstrated political maturity during 2020 elections- Ibn Chambas

Tags: AstraZeneca vaccineCOVID-19europeEuropean Unionlegal action
Please login to join discussion
Previous Post

Lands Minister charges western regional security council to enforce ‘galamsey’ laws

Next Post

Unilever Ghana urges gov’t to invest in palm oil production

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Justice Gertrude Araba Esaaba Sackey Torkornoo
General News

Suspended CJ Drags Ghana to ECOWAS Court 

July 8, 2025
Trump’s Tariff Hits South Africa’s Exports Hard
Africa

Trump’s Tariff Hits South Africa’s Exports Hard

July 8, 2025
Ghana’s IMF Programme Goes Off Track
Economy

Ghana’s IMF Programme Goes Off Track

July 8, 2025
2Baba Unveils New Management Team
Entertainment

2Baba Unveils New Management Team

July 8, 2025
Hon. Emmanuel Armah-Kofi Buah, Gold, Ghana
General News

Lands Minister Charges GoldBod Task Force To Protect Ghana’s Wealth

July 8, 2025
President of the Republic of Ghana, HE John Dramani Mahama
Extractives/Energy

President Mahama Launches Goldbod Task Force to Combat Gold Smuggling

July 8, 2025
Justice Gertrude Araba Esaaba Sackey Torkornoo
General News

Suspended CJ Drags Ghana to ECOWAS Court 

by Evans Junior OwuJuly 8, 2025
Trump’s Tariff Hits South Africa’s Exports Hard
Africa

Trump’s Tariff Hits South Africa’s Exports Hard

by Lawrence AnkutseJuly 8, 2025
Ghana’s IMF Programme Goes Off Track
Economy

Ghana’s IMF Programme Goes Off Track

by Stephen M.CJuly 8, 2025
2Baba Unveils New Management Team
Entertainment

2Baba Unveils New Management Team

by Esther Korantemaa OffeiJuly 8, 2025
Hon. Emmanuel Armah-Kofi Buah, Gold, Ghana
General News

Lands Minister Charges GoldBod Task Force To Protect Ghana’s Wealth

by Silas Kafui AssemJuly 8, 2025
President of the Republic of Ghana, HE John Dramani Mahama
Extractives/Energy

President Mahama Launches Goldbod Task Force to Combat Gold Smuggling

by Evans Junior OwuJuly 8, 2025
Justice Gertrude Araba Esaaba Sackey Torkornoo
Trump’s Tariff Hits South Africa’s Exports Hard
Ghana’s IMF Programme Goes Off Track
2Baba Unveils New Management Team
Hon. Emmanuel Armah-Kofi Buah, Gold, Ghana
President of the Republic of Ghana, HE John Dramani Mahama
[/vc_row_inner]

Recent News

  • Suspended CJ Drags Ghana to ECOWAS Court 
  • Trump’s Tariff Hits South Africa’s Exports Hard
  • Ghana’s IMF Programme Goes Off Track
  • 2Baba Unveils New Management Team
  • Lands Minister Charges GoldBod Task Force To Protect Ghana’s Wealth
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.