AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Business & Finance

Austria says it will only buy Sputnik V vaccine after EMA approval

  • Facing public frustration at a slow vaccine roll-out, Kurz said on March 31 Austria would probably order a million Sputnik V doses within a week, but completion of that order still has yet to be announced.
  • As far as the contract negotiations are concerned, they have been completed, so we do not see that as the big challenge but rather the decisive factor is simply how long EMA needs for approval here.
Published May 4, 2021

VIENNA: Austria will only buy Russia's Sputnik V coronavirus vaccine if the European Medicines Agency approves it, Chancellor Sebastian Kurz's office said on Tuesday, further clarifying its position on the planned purchase.

Facing public frustration at a slow vaccine roll-out, Kurz said on March 31 Austria would probably order a million Sputnik V doses within a week, but completion of that order still has yet to be announced.

It would be the first by a western European country. Hungary and Slovakia are the only European Union countries to have bought Sputnik V, and only Hungary has used it so far. Kurz clarified on April 19 that Austria would await EMA approval before using it.

"As far as the contract negotiations are concerned, they have been completed, so we do not see that as the big challenge but rather the decisive factor is simply how long EMA needs for approval here," Kurz told a news conference with his Slovak counterpart Eduard Heger.

Heger took office last month after his predecessor Igor Matovic was forced out by a political scandal sparked by Matovic's surprise purchase of Sputnik V.

A spokesman for Kurz's office added: "EMA approval is a prerequisite for the purchase. The contract will also be based on that."

EMA's decision is expected in May or June.

Peer-reviewed late-stage trial results published in The Lancet medical journal showed Sputnik V was almost 92% effective.

Many European officials, however, question Russia's intentions in exporting it when it has yet to vaccinate most of its own population.

Brazil's health regulator on Monday rejected Sputnik V after staff highlighted "inherent risks" and "serious" defects, citing lack of information guaranteeing its safety, quality and effectiveness.

Comments

Comments are closed.