Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

With enough supplies, Israel looks to re-route AstraZeneca vaccine delivery

Published 21/04/2021, 10:50
© Reuters. FILE PHOTO: Oxford/AstraZeneca's COVID-19 vaccine at a vaccination centre in Antwerp

JERUSALEM (Reuters) - Israel no longer wants AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine and is exploring with the company whether a big shipment in the pipeline could be sent elsewhere, Israel's pandemic coordinator said on Wednesday.

"We are trying to find the best solution. After all, we don't want (the vaccines) to get here and have to throw them into the trash," the official, Nachman Ash, told Army Radio, saying Israel's needs were being met by other suppliers.

In his remarks, Ash made no reference to AstraZeneca’s vaccine having been associated with very rare blood clots in Europe. Many countries there resumed administering it after the European Union's drug watchdog said benefits outweighed risks.

Israel cast a wide net last year when trying to secure vaccine doses at the height of the pandemic and pre-ordered from a number of companies.

It largely settled on the Pfizer/BioNTech vaccine, launching one of the world's swiftest rollouts. COVID-19 infections in Israel have dropped dramatically and the economy has reopened.

Israel is also buying the COVID-19 vaccines from Moderna (NASDAQ:MRNA), which uses a similar messenger RNA (mRNA) technology.

Ash said that with supplies secure through 2022, Israel no longer required the 10 million doses it agreed to purchase from AstraZeneca.

"They can certainly be used in other places in the world. At the moment, we are trying to find, along with the company, the best way to do this," he said.

"We believe it would be best if they (the vaccines) did not come to Israel and we agree with the company on some sort of way to divert them elsewhere."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Officials at AstraZeneca had no immediate comment.

Around 81% of Israeli citizens or residents over 16 - the age group eligible for the Pfizer/BioNTech vaccine in Israel - have received both doses.

Some 167,000 of the 5.2 million Palestinians in the occupied West Bank and Islamist Hamas-run Gaza have had at least one dose of vaccine, with supplies coming in from Israel, Russia, the United Arab Emirates, the global COVAX vaccine-sharing programme and China.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.