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Pfizer, Moderna, Serum & the indemnity issue; what is it and what it means for India?

Pfizer, Moderna, Serum & the indemnity issue; what is it and what it means for India?
Foreign pharma majors, such as Pfizer and Moderna, have said that they will export their COVID-19 vaccines to India only if the deal is the Indian government and the company is guarded against legal cases for any severe side effects
BusinessToday.In | June 3, 2021 | Updated 14:47 IST
The indemnity clause is currently a thorny issue between the Centre and the foreign pharma majors, such as Pfizer and Moderna
India is currently facing an acute shortage of COVID-19 vaccines with the Centre receiving brickbats for its vaccination policy, which fell short when the country was hit by a severe second wave of COVID-19 in March-April. ....

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Philippines approves Sinovac vaccine but roll-out stalls on Western drug makers' liability fears

Philippines approves Sinovac vaccine but roll-out stalls on Western drug makers’ liability fears
One step forward as Chinese jab is authorised, two steps back as Pfizer and AstraZeneca demand indemnification clauses
The stipulation by the two Western vaccine makers comes amid continuing fallout from Sanofi’s Dengvaxia controversy ....

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Indemnity clause: Serum Institute of India knocks on govt door again

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