Thailand’s Private Hospital Association to announce purchase price for Moderna vaccine tomorrow

[webfact]

 

By Nop Meechukhun

 

National – Thailand’s Private Hospital Association (PHA) is preparing to officially announce the price of the Moderna vaccination tomorrow, June 7th, as an alternative vaccine for residences in Thailand to be purchased at private hospitals.

 

TPN notes that the statement is that of PHA and is not a guarantee from TPN that they will announce the price.

 

PHA secretary-general Paiboon Eksaengsri said the association had been in talks with Zuellig Pharma,

distributor of Moderna vaccines in Asia, and there will be a meeting with members of the Private Hospital Association to inform and set a price on Monday.

 

Full story: https://thepattayanews.com/2021/06/06/thailands-private-hospital-association-to-announce-purchase-price-for-moderna-vaccine-tomorrow/

 

 

-- © Copyright The Pattaya News 2021-06-07

 

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[sirineou]

An announcement about an announcement. 

 

[sammieuk1]

If only there was a not for profit vaccine Oh there is AZ where is it????? 

[Captain Monday]

I predict 3000 baht for a 2 dose regimen.

 

The US is paying Moderna $15 per dose this should cover shipping, taxes, and "handling fees". 

[RichardColeman]

Odd country that decides a price purchase announcement is more important than when the vaccines will be available announcement.

 

 

[ezzra]

Com'on guys, it takes a a long time to calculate kick-backs, bribes and middle-men fees, so give them a break will you...

[Damrongsak]

3 minutes ago, ezzra said:

Com'on guys, it takes a a long time to calculate kick-backs, bribes and middle-men fees, so give them a break will you...

And time to decide what to spend that money on.

39 minutes ago, sirineou said:

An announcement about an announcement. 

 

Old news.  Yesterday I heard a pre-announcement about today's announcement of tomorrow's announcement. 

 

Is there any discount for getting one big dose instead of two little doses? 

[lujanit]

43 minutes ago, Captain Monday said:

 

I predict 3000 baht for a 2 dose regimen.

 

More like 3000 baht for a single jab by the time nurse and doctor fees are added in.

[jerrymahoney]

12 minutes ago, ezzra said:

Com'on guys, it takes a a long time to calculate kick-backs, bribes and middle-men fees, so give them a break will you...

FROM Moderna SEC filing end of fiscal year 2019:

 

In addition to FDA and related regulatory requirements in the United States and abroad, we are subject to extensive additional federal, state and foreign anti-bribery regulations, which include the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act, and similar laws in other countries outside of the United States. We are developing and implementing a corporate compliance program based on what we believe are current best practices in the pharmaceutical industry for companies similar to ours, but we cannot guarantee that we, our employees, our consultants, or our third-party contractors are or will be in compliance with all federal, state, and foreign regulations regarding bribery and corruption. Moreover, our strategic collaborators and third-party contractors located outside the United States may have inadequate compliance programs or may fail to respect the laws and guidance of the territories in which they operate. Even if we are not determined to have violated these laws, government investigations into these issues typically require the expenditure of significant resources and generate negative publicity, which could also have an adverse effect on our business, financial condition, and results of operations.

[Captain Monday]

5 minutes ago, lujanit said:

More like 3000 baht for a single jab by the time nurse and doctor fees are added in.

No that 3000 was estimate for the drug cost! A low estimate so price headroom is left for Pfizer.

Also clinic fee , PPE surcharge and  mandatory "insurance" for so called side effects

 

[faraday]

It's like Christmas in reverse....

 

I think the total price will be rounded up, including Dr/ Nursel Ancillary staff fee, to a nice 6000 baht.

 

Any advances?

 

Jokes aside.

 

Finally it seems as if we can get another vaccine, rather than being maneuvered into Sinovac. 

 

Cheers Anutin, you are my hero. ????

 

*post contains nuts*

[Captain Monday]

14 minutes ago, jerrymahoney said:

FROM Moderna SEC filing end of fiscal year 2019:

 

In addition to FDA and related regulatory requirements in the United States and abroad, we are subject to extensive additional federal, state and foreign anti-bribery regulations, which include the U.S. Foreign Corrupt Practices Act, the U.K. Bribery Act, and similar laws in other countries outside of the United States. We are developing and implementing a corporate compliance program based on what we believe are current best practices in the pharmaceutical industry for companies similar to ours, but we cannot guarantee that we, our employees, our consultants, or our third-party contractors are or will be in compliance with all federal, state, and foreign regulations regarding bribery and corruption. Moreover, our strategic collaborators and third-party contractors located outside the United States may have inadequate compliance programs or may fail to respect the laws and guidance of the territories in which they operate. Even if we are not determined to have violated these laws, government investigations into these issues typically require the expenditure of significant resources and generate negative publicity, which could also have an adverse effect on our business, financial condition, and results of operations.

And in the worst case Moderna pays  fines to US Govt, with "no admission of wrongdoing".

 

[jerrymahoney]

13 minutes ago, Captain Monday said:

And in the worst case Moderna pays  fines to US Govt, with "no admission of wrongdoing".

 

No -- the worst case, whether found guilty of wrongdoing or not, is that the fines, penalties, and legal expenses incurred prove more than the sales.

[Rampant Rabbit]

How exciting good  to see it's  not a  cash grab......oh  hang  on where are we?

[Captain Monday]

9 minutes ago, jerrymahoney said:

No -- the worst case, whether found guilty of wrongdoing or not, is that the fines, penalties, and legal expenses incurred prove more than the sales.

Hope so. One reads of large fines, that are a tiny fraction of yearly sales.

Outside of embezzlement and fraud, SEC violations that land whitecollar crims in "The Fed" these companies are so lawyered up to be untouchable. Thus the boilerplate filing posted.

 

A cost of doing business.

[edwinchester]

There is a private hospital close to us that will be supplying Moderna, price guesstimate there is 4000 bht all in.

[mtls2005]

Register: check

Price: check

Vaccine available: ?????

 

That said, sounds like Zuellig Pharma is close to a deal with Moderna. At least on volume and price. Availability? Not expecting miracles here. A drib here, a drab there, hopefully they can hit that October target.

 

 

 

[mtls2005]

2 hours ago, Captain Monday said:

I predict 3000 baht for a 2 dose regimen.

 

The most recent PHA gibberish was 2,000 per dose, so 4,000 plus any hospital fees. Some hospital groups are quoting 5,000 all in. 

[MasterBaker]

2 hours ago, Captain Monday said:

No that 3000 was estimate for the drug cost! A low estimate so price headroom is left for Pfizer.

Also clinic fee , PPE surcharge and  mandatory "insurance" for so called side effects

 

it's a 3000 baht plus doctor fees if required, i got my conformation already, would rather wait for something real, people complain about Sinovac, but would you like a Thai made AZ?

"for an alternative vaccine, with an expected vaccination in October 2021.

The price is about 2,000 baht per needle, including hospital service fees."

 

 

[Tarteso]

I took for granted the lack of help from this government to Expats.

 

A real pleasure to pay for a safe vaccine for my age… ????

 

 

[jerrymahoney]

1 hour ago, Captain Monday said:

A cost of doing business.

So business as usual. OK.

[DavisH]

2 hours ago, Rampant Rabbit said:

How exciting good  to see it's  not a  cash grab......oh  hang  on where are we?

Private hospitals in the US would never do that, would they? 

[DavisH]

36 minutes ago, Tarteso said:

I took for granted the lack of help from this government to Expats.

 

A real pleasure to pay for a safe vaccine for my age… ????

 

 

There are NO safe vaccines...they all carry risks, albeit low risks. 

[Halfaboy]

Overview of the prices for corona vaccines as agreed by the EU with the various suppliers. Overview was erroneously shown by a Belgian government official.

[wensiensheng]

I have a funny feeling that price isn’t the most eagerly awaited news related to Moderna, more like …….WHEN CAN I GET IT!

[thequietman]

Prob this ....... ????

[hansnl]

5 hours ago, Captain Monday said:

No that 3000 was estimate for the drug cost! A low estimate so price headroom is left for Pfizer.

Also clinic fee , PPE surcharge and  mandatory "insurance" for so called side effects

 

Had a pneumovax-23 vaccination in BKK hospital, price 2200 baht..

It came out 312 baht cheaper as the same jab in the Netherlands.

Wife bought a package of Pneumovax-23 and Prevnar-13 for 3500 baht, not a bad deal either.

Prices include everything.

[internationalism]

over month ago they were quoted $34 per dose and claimed they will charge 3k for everything..

Later on Anutin vax tax was introduced at 11%, and insurance 100b.

Because of high interest and shortage for alternatives, price will be growing. Do expect some 6k when it will arrive in October

[Surelynot]

Nobody will get much change out of 6000 baht.............guaranteed !!!

[kingstonkid]

3000 for vaccine

300 med supplies

500 nurse care

400 misc

4200 but lets make it easy to figure out and just call it 5000