Insurers, drugmakers sail into unknown with COVID vaccine rollout
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Last Updated: Dec 18, 2020, 01:54 PM IST
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Synopsis
The first U.S. vaccine shipments departed Pfizer s facility in Kalamazoo, Michigan this week, while tens of thousands of people in Britain have had their first dose of the Pfizer vaccine, which was developed with Germany s BioNTech. Moderna Inc is also due to roll out a COVID-19 vaccine once regulatory approval is secured, as is Britain s AstraZeneca which has developed a vaccine with Oxford University.
Agencies
Transporting vaccines, however, is already high risk, with around 30% of vaccine consignments globally lost to damage or theft, insurance sources say.