Pfizer, BioNTech deny talks with Thai Thonburi Healthcare on vaccines

[snoop1130]

Image: Google

 

BANGKOK (Reuters) - Pfizer and Germany's BioNTech denied on Thursday that they were in talks with Thailand's Thonburi Healthcare Group Pcl for a deal to import 20 million doses of the coronavirus vaccine to the Southeast Asian country.

 

The chief of Thonburi Healthcare Group had said earlier in the day that it would sign a private order for 20 million doses of the Pfizer-BioNTech vaccine, news of which saw the hospitals operator's share price leap over 13%.

 

"We are not in negotiations with the company," BioNTech said in an e-mail responding to a Reuters query about the deal. It also denied it was in negotiations with any Thai entity.

 

Company chairman Boon Vanasin had told Reuters a deal would be signed on Thursday with BioNTech, the German firm that jointly developed the mRNA vaccine with Pfizer.

 

Asked about the companies' denial, Boon later insisted a vaccine deal was still in the works, saying: "We are not doing it directly." He declined to elaborate.

 

A Pfizer spokesman said the company was only in discussions with Thailand's health ministry and disease control department.

 

"Neither Pfizer Inc nor any of its affiliates globally, have authorized anyone to import, market, distribute the Pfizer-BioNTech COVID-19 vaccine," he said.

 

It was not immediately possible to reconcile the conflicting statements by Boon and the two companies.

 

Thailand is in the early stages of its mass COVID-19 vaccinations programme and is struggling to suppress its most severe wave of infections.

 

It has relied heavily on the AstraZeneca and Sinovac vaccines but is seeing increased demand for mRNA type vaccines, after concern about efficacy. The majority of the mRNA vaccines ordered will not arrive until the fourth quarter this year.

 

Boon had said a licensed importer in Thailand would make an announcement on the deal. "I want it to conclude this week or next," he said.

 

Boon, who has been a vocal critic of the government's vaccine policy, said he had asked for a delivery of 5 million doses this month under the negotiations.

 

Shares of the hospital group rose as much 13.45% by 0540 GMT, with the benchmark index up 0.62% on earlier reports of the plans.

 

The state drugmaker, the Government Pharmaceutical Organization, said on Wednesday it had filed a defamation suit against Boon over his criticism of its role in the procurement of Moderna vaccines.

 

-- © Copyright Reuters 2021-07-15

 

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[mtls2005]

Now we can't even get to the "thinking about placing an order" phase.

 

We're at the "Company issues denials about a deal" phase.

 

I'd say this couldn't get more ridiculous, but I know I'd be wrong.

 

The government has said they plan to think about forming a committee to look into drafting a proposal to consider buying 20 MM doses of Pfizer.

 

https://www.reuters.com/business/healthcare-pharmaceuticals/thailand-books-20-mln-doses-pfizer-biontech-covid-19-vaccines-2021-06-11/

 

 

 

 

[Denim]

10 minutes ago, snoop1130 said:

news of which saw the hospitals operator's share price leap over 13%.

Somebody at Thonburi Healthcare Group will be shouting down a phone " Sell sell sell .....it worked !!! "

[Bluespunk]

10 minutes ago, snoop1130 said:

Asked about the companies' denial, Boon later insisted a vaccine deal was still in the works, saying: "We are not doing it directly." He declined to elaborate.

You’re not doing it at all…

[moogradod]

4 minutes ago, mtls2005 said:

......The government has said they plan to think about forming a committee to look into drafting a proposal to consider buying 20 MM doses of Pfizer........

which are then supposed to be delivered as fast as possible and hopefully administered to everybody in need.

[Thomas J]

7 minutes ago, snoop1130 said:

Shares of the hospital group rose as much 13.45%

No this is just plain stupid.  Reportedly the Thonburi group has a market cap of approximately 25 billion baht.  That would mean its value would have gone up, by 366 million baht.   I realize that they will be making some money from the sale of the vaccine but how many injections would you have to give in order to justify that increase in value.  This is particularly true since unlike ongoing operations, the vaccines if effective are not something that would generate the same level of injections each and every year. 
 

[Pottinger]

"US pharmaceutical companies are said to have walked away from Thailand rather than contravene the US Foreign Corrupt Practices Act."

 

<Link to a potentially very risky article removed, you can Google the above quote>

[ThailandRyan]

16 hours ago, Pottinger said:

"US pharmaceutical companies are said to have walked away from Thailand rather than contravene the US Foreign Corrupt Practices Act."

 

<Link to a potentially very risky article removed, you can Google the above quote>

And here Folks in addition to the above is this statement:

"Asked about the companies' denial, Boon later insisted a vaccine deal was still in the works, saying: "We are not doing it directly." He declined to elaborate"

 

This is why Thailand only has the AZ Vaccine and the SinoVac, and the little bit of Sinopharm.  No one trusts this corrupt nation and now AZ is starting to see what a mess has been made.....You can not make this stuff up.  Prepare for the worst but expect the worst to get even worse is all I can say....UGH.

[club]

49 minutes ago, mtls2005 said:

Now we can't even get to the "thinking about placing an order" phase.

 

We're at the "Company issues denials about a deal" phase.

 

I'd say this couldn't get more ridiculous, but I know I'd be wrong.

 

The government has said they plan to think about forming a committee to look into drafting a proposal to consider buying 20 MM doses of Pfizer.

 

https://www.reuters.com/business/healthcare-pharmaceuticals/thailand-books-20-mln-doses-pfizer-biontech-covid-19-vaccines-2021-06-11/

 

 

 

 

This is the kind of stuff that makes Thailand look so incompetent during this Pandemic. They would be better off having one Liar talk instead of 20 liars. Everyday its a different story  

[club]

50 minutes ago, moogradod said:

which are then supposed to be delivered as fast as possible and hopefully administered to everybody in need.

They need to form a committee to get rid of themselves 

[John Drake]

Monkeyshines

[internationalism]

so even the government hasn't ordered anything so far.

same as with 5mln moderna.

They are looking for more handouts.

Or there would be royal gazette order behind the government's back, as was the case with sinopharm?

Edited July 15, 2021 by internationalism

[DLock]

16 hours ago, Pottinger said:

"US pharmaceutical companies are said to have walked away from Thailand rather than contravene the US Foreign Corrupt Practices Act."

 

<Link to a potentially very risky article removed, you can Google the above quote>

Brutal article.

[ThailandRyan]

4 minutes ago, DLock said:

Brutal article.

Yes it is, and it pulls no punches when it discusses all facets.

[DrJack54]

Can anyone recommend a country to visit from Thailand for holiday and vaccine.

AU passport.

Serious question. I'm over this rubbish.

Edited July 15, 2021 by DrJack54

[ThailandRyan]

18 minutes ago, DrJack54 said:

Can anyone recommend a country to visit from Thailand for holiday and vaccine.

AU passport.

Serious question. I'm over this rubbish.

The US, and you can get the vaccine free

https://www.travelinsurancereview.net/2010/04/03/do-australians-need-visas-to-travel-to-the-us/

Edited July 15, 2021 by ThailandRyan

[marty147]

16 hours ago, Pottinger said:

"US pharmaceutical companies are said to have walked away from Thailand rather than contravene the US Foreign Corrupt Practices Act."

 

<Link to a potentially very risky article removed, you can Google the above quote>

 

Is anyone able to access and read the article?

Maybe it's already been blocked by our glorious leader!

 

[DrJack54]

21 minutes ago, ThailandRyan said:

The US, and you can get the vaccine free

Ta.

Any suggestions of city. How long do foreigners quarantine for? 

Edited July 15, 2021 by DrJack54

[Bkk Brian]

20 minutes ago, ThailandRyan said:

The US, and you can get the vaccine free

https://www.travelinsurancereview.net/2010/04/03/do-australians-need-visas-to-travel-to-the-us/

UK also I think..............

 

"You don’t need to prove your identity, your address or your immigration status to access the vaccine. You will not have to pay for your vaccination."

https://www.london.gov.uk/coronavirus/how-get-vaccine/getting-covid-vaccine-if-you-are-not-registered-gp

[ThailandRyan]

5 minutes ago, DrJack54 said:

Ta.

Any suggestions of city. How long do foreigners quarantine for? 

No quarantine, You can fly into PDX (Portland) and be vaccinated at the Airport. It is the hoops jumping to return here that will be a pain unfortunately.

[ThailandRyan]

10 minutes ago, marty147 said:

 

Is anyone able to access and read the article?

Maybe it's already been blocked by our glorious leader!

 

PM Sent

 

[NorthernRyland]

30 minutes ago, ThailandRyan said:

No quarantine, You can fly into PDX (Portland) and be vaccinated at the Airport. It is the hoops jumping to return here that will be a pain unfortunately.

My brother just flew into LAX from BKK and got J&J in the airport. 

[gearbox]

1 hour ago, DrJack54 said:

Can anyone recommend a country to visit from Thailand for holiday and vaccine.

AU passport.

Serious question. I'm over this rubbish.

Abu Dhabi...but you need to hang around for a while for the second shot. They use Sinopharm and Pfizer.

 

https://www.schengenvisainfo.com/news/these-countries-are-now-offering-covid-19-vaccines-for-tourists/

 

Looks like Spain may also provide free vaccines..but there is a lot of covid there now:

 

https://www.william-russell.com/blog/getting-a-covid-vaccine-as-an-expat/

Edited July 15, 2021 by gearbox

[smedly]

5 hours ago, snoop1130 said:

Asked about the companies' denial, Boon later insisted a vaccine deal was still in the works, saying: "We are not doing it directly." He declined to elaborate

alibaba or Lazada maybe 

[smedly]

16 hours ago, Pottinger said:

"US pharmaceutical companies are said to have walked away from Thailand rather than contravene the US Foreign Corrupt Practices Act."

 

<Link to a potentially very risky article removed, you can Google the above quote>

That is of no surprise 

 

I said weeks ago that the only reason Anutin and his mob were buying Chinese junk was because of their flexible accounting

 

one for you two for me

[mark131v]

16 hours ago, Pottinger said:

"US pharmaceutical companies are said to have walked away from Thailand rather than contravene the US Foreign Corrupt Practices Act."

 

<Link to a potentially very risky article removed, you can Google the above quote>

That article sums up all that is wrong in the land of scams!

 

Lying, thieving, cheating, corrupt and dishonourable just a few words suitable to use from the very, very top to the lowliest toe rag in a uniform, they truly are without any redeeming features...

[condobrit001]

I thought distributing fake news was illegal here now. Lock him up!

[vandeventer]

13 hours ago, club said:

They need to form a committee to get rid of themselves 

And all we can do is suck up their mistakes!

[tonysilly]

11 hours ago, DrJack54 said:

Can anyone recommend a country to visit from Thailand for holiday and vaccine.

AU passport.

Serious question. I'm over this rubbish.

Come to America. Walk into any Pharmacy drug store and get a vaccine shot for free !!!! 100%  

[jerrymahoney]

17 hours ago, Pottinger said:

"US pharmaceutical companies are said to have walked away from Thailand rather than contravene the US Foreign Corrupt Practices Act."

 

<Link to a potentially very risky article removed, you can Google the above quote>

Just to note I took a Thai friend to a hospital PCR test site 2 days ago. All the PCR test kits were supplied by Zuellig Pharma, the Thai agent for Moderna. These people have leverage.