Thailand Reluctant to Join Covax Program on Strict Conditions

[webfact]

Thailand Reluctant to Join Covax Program on Strict Conditions

By Suttinee Yuvejwattana

 

video screenshot

 

The Thai government won’t procure Covid-19 vaccines through the World Health Organization-backed Covax program for now because the conditions are too strict. The move may put the country at risk of getting delayed vaccines at higher prices.

 

Under the program, Thailand would be charged extra for booking and it would have limitations on the producers and delivery period. Covax also requires a minimum purchase of 10% of a country’s population for a fast order with conditions and costs, Nakorn Premsri, director of Thailand’s National Vaccine Institute, said in a statement late Saturday.

 

“Acquiring the vaccines directly from the producers will be more flexible because we can decide how much we will buy and also negotiate pricing, which may lead to a cheaper price for large orders,” Nakorn said. Still, negotiations are continuing. With acceptable conditions, Thailand might procure the vaccine through the Covax program in the future.

 

Full story: https://www.bloomberg.com/news/articles/2021-02-07/thailand-reluctant-to-join-covax-program-on-strict-conditions

 

 

-- © Copyright Bloomberg 2021-02-08

 

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[Petey11]

I was to believe the AstraZ was sold at cost price, no profit, so you cant get it much cheaper than that. 

[sammieuk1]

Best to save the massive much fabled foreign currency reserves for something more important like the imminent fleeing of generals and above ????

[ourmanflint]

Thailand still on track to be one of the last developed countries to be vaccinated. Bravo 

[Justgrazing]

1 hour ago, webfact said:

 

“Acquiring the vaccines directly from the producers will be more flexible because we can decide how much we will buy and also negotiate pricing, which may lead to a cheaper price for large orders,”

 

It won't be as easy as that and putting a value on the price of health protection and whether they can swinge it down abit is quite deplorable ..

 

[RichardColeman]

Please , please , worldometer add a column for no. vaccinated and % population vaccinated. 

[brianp0803]

I would guess that the world health organization would distribute the limited supply of vaccine to the countries that need it the most.
With the Thailand government reporting incredibly low number of people being infected, they might be on the bottom of the list to receive the limited supply of vaccine available to the world.Reporting very low number of infected people may backfire in being put on a priority list to receive unlimited supply of vaccine

[dcnx]

29 minutes ago, ourmanflint said:

Thailand still on track to be one of the last developed countries to be vaccinated. Bravo 

Did anyone expect anything different? 

[Albert Zweistein]

30 minutes ago, ourmanflint said:

Thailand still on track to be one of the last developed countries to be vaccinated. Bravo 

Developed ?

[brianp0803]

Does anyone know what the restrictions are that Thailand is complaining about to be able to get the vaccine through WHO?

 

Maybe there are conditions like they must give the vaccine to the most vulnerable first and not to politicians. Or maybe they must distribute a vaccine for free and not charge foreigners extra money.

I think the  Thailand government is still hoping for countries to give them the technology and build factories in Thailand for the benefit of the government. Economics before public health. 

[brianp0803]

The cost of the vaccine may go down as production ramps up. But then you might have to wait 3 to 6 months to get a reduced price.
 

Maybe Thailand is waiting for discount sale.

[RichardColeman]

5 minutes ago, brianp0803 said:

Maybe Thailand is waiting for discount sale.

Be copies Tukcom before long

[Albert Zweistein]

9 minutes ago, brianp0803 said:

The cost of the vaccine may go down as production ramps up. But then you might have to wait 3 to 6 months to get a reduced price.
 

Maybe Thailand is waiting for discount sale.

Waiting for envelopes.

[FarFlungFalang]

43 minutes ago, RichardColeman said:

Please , please , worldometer add a column for no. vaccinated and % population vaccinated. 

Just go to the Bloomberg vax tracker.

[elgenon]

2 hours ago, Petey11 said:

I was to believe the AstraZ was sold at cost price, no profit, so you cant get it much cheaper than that. 

I think I read that Europe was prohibiting the export of vaccine at the current time. Confused me though since England is no longer in European union. Maybe produced in Germany?

[Phaser]

Ok so why not allow private hospitals to source and distribute - more wasted time by the Thai govt

[Nip]

1 hour ago, brianp0803 said:

The cost of the vaccine may go down as production ramps up. But then you might have to wait 3 to 6 months to get a reduced price.
 

Maybe Thailand is waiting for discount sale.

Nah the more people that die the less vaccine they will have to buy.

[wombat]

1 hour ago, elgenon said:

I think I read that Europe was prohibiting the export of vaccine at the current time. Confused me though since England is no longer in European union. Maybe produced in Germany?

Any vax produced by a EU country needs beuracratic approval before it is exported to a non EU member

[henry213]

Charge them double i say or more, why not? they've done it to us for so long, better still leave them at the bottom of the list.

Edited February 8, 2021 by henry213

[canopus1969]

2 hours ago, ourmanflint said:

Thailand still on track to be one of the last developed countries to be vaccinated. Bravo 

I think you need to change that to 3rd World

[internationalism]

just more of junta xenophobia, jingoistic nationalism and leaving scope for corruption, whenever possible. 

Both deals, with astrazeneca and sinovac, are marred with shadow circumstances.

 

so price of Astrazenca in the EU is $2.18 and thailand is paying $200mln for 26mln so $7.78 per dose.

on top of it the government is sponsoring Siam Bioscience production line to the tune of 600mln (20mln). Possibly more money will be coming to rescue their inability to make vaccines - they never made a vial in their 12 year of existence.

 

for sinovac, with 52% efficacy, they are paying 650b per shot, which is price for Pfizer, which has much higher efficacy.

 

so now they are paying through the nose for an emergency supplies, because they ignored issue earlier on.

[Fex Bluse]

2 hours ago, ourmanflint said:

Thailand still on track to be one of the last developed countries to be vaccinated. Bravo 

 

Nearly none of us who've lived here surprised. Thailand is truly world class at failing. 

[meechai]

4 hours ago, webfact said:

Covax also requires a minimum purchase of 10% of a country’s population for a fast order with conditions and costs, Nakorn Premsri, director of Thailand’s National Vaccine Institute, said in a statement late Saturday.

 

So

1- Is that such a bad thing to have a measly 7 million vaccines on order? If nothing else as a backup

 

Quote

“Acquiring the vaccines directly from the producers will be more flexible because we can decide how much we will buy and also negotiate pricing, which may lead to a cheaper price for large orders"

 

2- Perhaps but buying directly will of course mean getting in line....Do you not own a watch? I know Prawit does ????

It is a little late to be putting in an order then to top it off to expect a deal on something that demand far outstrips supply???

 

Thailand...Thailand....What really is your problem? Buy subs & troop carriers etc no prob...Buy something to actually help protect your population...big problem for you?

Edited February 8, 2021 by meechai

[mfd101]

The people who matter in this country will all be looked after. Probably already have been.

 

So no need to worry about the other 99%.

[herfiehandbag]

The strict conditions imposed by participation in the Covax Program are very probably not conducive to the free flow of brown envelopes.

[malibukid]

classic case of shooting themselves in the foot again.  no ability for thinking long term.  

[malibukid]

3 hours ago, ourmanflint said:

Thailand still on track to be one of the last developed countries to be vaccinated. Bravo 

under developed.

[Surasak]

3 hours ago, ourmanflint said:

Thailand still on track to be one of the last developed countries to be vaccinated. Bravo 

Developed in what, precisely?

[DLock]

Thailand will continue to malign the COVAX initiative with false narrative to defend their positions...which has failed.

 

I recommend those interested to read the COVAX summary to understand the facts. https://www.gavi.org/covax-facility

 

But going direct and competing with the big boys will result in begging for the scraps - as the mythical 50,000 AZ has proven.

 

Thailand will be forced into line eventually.

[tandor]

2 hours ago, brianp0803 said:

Does anyone know what the restrictions are that Thailand is complaining about to be able to get the vaccine through WHO?

 

Maybe there are conditions like they must give the vaccine to the most vulnerable first and not to politicians. Or maybe they must distribute a vaccine for free and not charge foreigners extra money.

I think the  Thailand government is still hoping for countries to give them the technology and build factories in Thailand for the benefit of the government. Economics before public health. 

..i think you will find 'aliens' are not mentioned, it will be the old phrase..Up to Them.