GPO denies overcharging for Moderna jabs

[snoop1130]

 

BANGKOK (NNT) - The Government Pharmaceutical Organization (GPO), insisted today that the price per-dose of the Moderna vaccine it plans to sell to private hospitals, reflects actual costs, dismissing allegations of overcharging.

 

The Government Pharmaceutical Organization (GPO) has also released a statement in which it responds to allegations the organization is overcharging private hospitals buying the Moderna vaccine.

 

The GPO currently serves as a facilitator for the procurement of Moderna vaccine, to be offered by private hospitals as an out-of-pocket alternative COVID-19 vaccine, to those offered free of charge by the government.

 

In doing so, the GPO will be signing a supply agreement with Moderna’s authorized dealer in Thailand, Zuellig Pharma, and will distribute the vaccine to private hospitals at a price of 1,100 baht per dose.

 

This pricing has however led to a claim on social media the GPO is overcharging private hospitals, citing an alleged cost per-dose of only 584 baht.

 

The allegation claims the GPO is charging 88% extra on the claimed 584 baht per dose price.

 

In its statement, the GPO has insisted its 1,100 baht per dose reflects actual costs, from the price quoted by the reseller to the associated costs such as storage, logistics, and adverse effects insurance.

 

Meanwhile, the GPO says it can’t provide the actual pricing quoted my Moderna’s authorized dealer due to a confidentiality agreement, but the average global price as reported on www.biospace.com indicates a range of 25-37 U.S. dollars per dose, subject to conditions and the size of the order.

 

-- © Copyright NNT 2021-07-12

 

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[mtls2005]

OMG, stop with blather and just order the dam vaccine already.

 

Overcharge me, undercharge me, I don't care.

 

Just vaccinate me, twice.

 

 

Edited July 12, 2021 by mtls2005

[EVENKEEL]

Wonder how much the free vaccines the US donated will cost.

[Shuya]

11 minutes ago, snoop1130 said:

costs such as storage, logistics, and adverse effects insurance

Plus a lot of extras

[rodknock]

just an excuse to fill brown bags!!

[John Drake]

So they still haven't ordered. 

[LoliLoso]

1 hour ago, snoop1130 said:

the GPO will be signing a supply agreement with Moderna’s authorized dealer in Thailand, Zuellig Pharma, and will distribute the vaccine to private hospitals at a price of 1,100 baht per dose.

They will be signing a supply agreement. 

Not yet ordered. So there is no vaccine for the private hospitals. 

[internationalism]

just ignore this stampede and outright rip off and wait for time, when they will pay you to get vax - as in some other countries

[tomacht8]

There is a very interesting article on this subject in the other newspaper, which cannot be mentioned here, from Professor 

THITINAN PONGSUDHIRAK. 

Very readable and interesting which big company pulls the vaccine strings in the background.

Edited July 12, 2021 by tomacht8

[sharecropper]

17 minutes ago, tomacht8 said:

There is a very interesting article on this subject in the other newspaper, which cannot be mentioned here, from Professor 

THITINAN PONGSUDHIRAK. 

Very readable and interesting which big company pulls the vaccine strings in the background.

Wow - he obviously has some big supporters behind the scenes to be so bold. Good luck to him.

[Dogmatix]

1 hour ago, John Drake said:

So they still haven't ordered. 

 

No, they haven't ordered it or the 20m Pfizer the government keeps talking about.

[riclag]

I could die and go to heaven if it came this month, so my daughter could take the civil service exam !

One requirement is to have a vaccine ! She's signed up and payed for the Mvacc !

[Fex Bluse]

2 hours ago, snoop1130 said:

The Government Pharmaceutical Organization (GPO), insisted today that the price per-dose of the Moderna vaccine it plans to sell to private hospitals, reflects actual costs, dismissing allegations of overcharging.

In other words, they did plan to overcharge.

[smedly]

the key thing that stands out in the article is this 

 

In its statement, the GPO has insisted its 1,100 baht per dose reflects actual costs, from the price quoted by the reseller

 

Moderna’s authorized dealer in Thailand, Zuellig Pharma

 

This authorised dealer/reseller should be supplying direct to the private sector or the private sector should be buying direct

 

I wonder who owns Zuellig Pharma

[RichardColeman]

Seems everybody wants there pound of flesh out of the pandemic baht bonanza !

[khunjeff]

13 hours ago, snoop1130 said:

In its statement, the GPO has insisted its 1,100 baht per dose reflects actual costs, from the price quoted by the reseller to the associated costs such as storage, logistics, and adverse effects insurance.

So the GPO is adding the cost of insurance to its price, while the private hospitals have said that they are also adding 100 baht to the price of each dose for insurance. Exactly how much insurance is needed for this vaccine?

[hotchilli]

13 hours ago, snoop1130 said:

The GPO currently serves as a facilitator for the procurement of Moderna vaccine,

In my experience a "middleman" aka [facilitator] always makes money.

[mtls2005]

In related ASEAN news...

 

ZUELLIG PHARMA CORPORATION WELCOMES ARRIVAL OF COVID-19 VACCINE MODERNA DOSES IN THE PHILIPPINES

 

Zuellig Pharma Corporation welcomes the arrival of the initial COVID-19 Vaccine Moderna doses in the Philippines together with the Inter-Agency Task Force Against COVID-19 (IATF), the Department of Health (DOH), the ICTSI Foundation, and the U.S Embassy at the Ninoy Aquino International Airport. The COVID-19 Vaccine Moderna is the first U.S company COVID-19 vaccine to arrive in the Philippines that has an allocation for the private sector.

 

Zuellig Pharma Corporation was authorised by Moderna as the emergency use authorisation holder (through its commercialisation division, ZP Therapeutics) for its COVID-19 vaccine in the Philippines. According to Zuellig Pharma Corporation, the COVID-19 Vaccine Moderna will be stored in its pharma-grade cold-chain facility in Paranaque City1 and will be delivered using its passive packaging system - the eZCooler solution, that ensures the integrity of temperature-sensitive vaccines during the last mile of transportation. 

 

https://www.zuelligpharma.com/news/news-zuellig-pharma-corporation-welcomes-arrival-of-covid-19-vaccine-moderna-doses-in-the-philippines

[Isaan sailor]

Delay, delay, delay the Moderna and the Pfizer.  But why?

[Venom]

1 hour ago, khunjeff said:

So the GPO is adding the cost of insurance to its price, while the private hospitals have said that they are also adding 100 baht to the price of each dose for insurance. Exactly how much insurance is needed for this vaccine?

What does the 100 baht issurance cover exactly? 

[mtls2005]

36 minutes ago, Venom said:

What does the 100 baht issurance cover exactly? 

 

Treatment as a result of symptoms/side-effects during the 30 minute observation period. No clue if the term extends beyond that?

 

 

 

 

[connda]

18 hours ago, snoop1130 said:

Meanwhile, the GPO says it can’t provide the actual pricing quoted my Moderna’s authorized dealer due to a confidentiality agreement

Have you noticed that corporations now control governments?  Think about that and let it sink in. 

[newnative]

'...will be signing...'  Good lord, this is STILL kicking around and hasn't been ordered yet???!!!  Stop all the endless talking and just order it already!

[MrJ2U]

On 7/12/2021 at 7:12 PM, EVENKEEL said:

Wonder how much the free vaccines the US donated will cost.

I haven't heard much after the announcement.

Is it for any foreigner or just USA citizens?

 

In Thai news there making it sound as if the Thai government has made the choice to vaccinate 150,00 foreigners with the donated pfeizer.  No mention that the USA made it a stipulation.

 

 

[pokerface1]

On 7/12/2021 at 10:06 PM, snoop1130 said:

The Government Pharmaceutical Organization (GPO) has also released a statement in which it responds to allegations the organization is overcharging private hospitals buying the Moderna vaccine.

It hits home harder when you say the GPO are overcharging the Thai people after all they are the ones being ripped off in the end. A sad scenario where greed feeds off fear.