MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Pet-friendly dining grows to 90 restaurants, but hygiene debate rages on

  • Son arrested for allegedly inciting father’s suicide attempt

  • Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

  • LRT passenger figures drop by almost 20% month-on-month in June

  • Astronomer calls for global ‘space tax’ as orbital congestion risks rise

  • ‘Pop Out Green Restroom’ selected for architecture guide on sustainable design innovation

Business
Home›Business›Pharmaceuticals | Glaxo, Pfizer blamed for high prices on vaccines in poor nations

Pharmaceuticals | Glaxo, Pfizer blamed for high prices on vaccines in poor nations

By -
January 21, 2015
18
0
Share:

China Glaxo InvestigationGlaxoSmithKline Plc and Pfizer Inc. are overcharging for vaccines in developing countries, Doctors Without Borders said, leaving some nations unable to afford shots that reduce child mortality.
Lack of transparency and scant competition has led to “wildly different” pricing by country that doesn’t always reflect ability to pay, the medical aid charity also known as Medecins Sans Frontieres said in a report yesterday. The group called on Glaxo and Pfizer to cut the price of the pneumococcal vaccine, which guards against a disease that kills about 1 million children a year, to USD5 a shot.
“We have an irrational situation where some developing countries like Morocco and Tunisia are paying more for the pneumococcal vaccine than France does,” said Kate Elder, vaccines policy adviser for MSF’s Access Campaign. “We need to put public health before profit: life-saving vaccines for children shouldn’t be big business in poor countries.”
About four-fifths of Glaxo’s vaccines, including the pneumococcal medicine, are provided to developing countries at a “substantial discount” to prices in developed nations, Glaxo said in a statement yesterday. Many of the drugs require large upfront investment and the pneumococcal vaccine is “one of the most complex we’ve ever manufactured,” the London-based drugmaker said.
The report was timed in advance of a meeting in Berlin next week where donors will be asked to pledge more money to the Geneva-based GAVI Alliance, the biggest provider of money for vaccines sent to developing countries. Countries such as Angola will start losing donor support because their economies have improved somewhat, meaning their vaccine costs will skyrocket, according to MSF.
Glaxo offers its lowest prices to GAVI and Unicef, meaning that some vaccines are provided for as little as one-tenth of the charges in developed countries, the company said. The drugmaker has large research projects for maladies such as malaria and Ebola, and is trying to reduce vaccine production costs to pass savings on to poor nations, it said.
A spokesman for New York-based Pfizer in the U.K. wasn’t immediately available for comment.
MSF also said the vaccine industry is “secretive” and often unwilling to reveal prices, with drugmakers saying disclosure would weaken their negotiating position with governments and other purchasers, and perhaps drive up prices to poor countries.
Of the nine companies contacted by MSF, four shared their prices: Bio Farma, Biological E, Panacea and Serum Institute of India. Glaxo, Pfizer, Merck & Co. and Johnson & Johnson shared information on pricing strategy or vision, and Sanofi didn’t reply by MSF’s deadline.
Since 2000, GAVI has contributed to the immunization of 440 million children and the prevention of an estimated 6 million deaths, according to the organization, which is funded by governments and the Bill & Melinda Gates Foundation. Makiko Kitamura, Bloomberg

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Like this:

Like Loading…

Related

Previous Article

Robotics | Japan to sell talking ...

Next Article

Works suspended at City of Dreams after ...

0
Shares

    Related articles More from author

    • BusinessCorporate Bits

      Taipa Village Cultural Association marks 10th anniversary with exhibition

      July 3, 2026
      By -
    • Business

      NIKI to bring Nicole World Tour to Macau

      July 13, 2023
      By -
    • BusinessChinaHeadlines

      China tries to calm markets by pledging support for economy

      March 17, 2022
      By -
    • Business

      Gucci aims to rival Louis Vuitton with USD12b target

      June 8, 2018
      By -
    • Business

      Oil near 15-month low on signs of surplus

      December 20, 2018
      By -
    • BusinessMacau

      Ask the Vet | Symptoms of Canine Heart Murmur

      March 9, 2015
      By -

    Leave a reply Cancel reply

    You must be logged in to post a comment.

    • Macau

      Water supply gradually restored in Taipa

    • Macau

      Dialogues with millennials significant to company’s growth

    • Business

      USA California rolls its own recreational pot sales out for 2018

    DAILY EDITION

    Friday, July 3, 2026 – edition no. 4984
    Friday, July 3, 2026 – edition no. 4984

    Greater Bay

    MDT MACAU GRAND PRIX SPECIAL

    July 2026
    M T W T F S S
     12345
    6789101112
    13141516171819
    20212223242526
    2728293031  
    « Jun    

    Timeline

    • July 3, 2026

      Pet-friendly dining grows to 90 restaurants, but hygiene debate rages on

    • July 3, 2026

      Son arrested for allegedly inciting father’s suicide attempt

    • July 3, 2026

      Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

    • July 3, 2026

      LRT passenger figures drop by almost 20% month-on-month in June

    • July 3, 2026

      Astronomer calls for global ‘space tax’ as orbital congestion risks rise

    • July 3, 2026

      ‘Pop Out Green Restroom’ selected for architecture guide on sustainable design innovation

    • July 3, 2026

      Your most valuable skill might be knowing what to ignore

    • July 3, 2026

      Community leaders back long-term healthy weight plan ahead of SSM competition

    • July 3, 2026

      Typhoon Signal No. 1 remains in force, Signal 3 upgrade possible today

    • July 3, 2026

      FAOM advocates for training and certification to develop local workforce

    Extra Times

    Extra TimesHeadlinesTaste of Edesia

    Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

    This July, two of Hong Kong’s most visually arresting dining rooms will set the stage for a culinary dialogue that has been centuries in the making. Grand Majestic Sichuan and ...
    • Summer Energy Ignites 

      By -
      July 3, 2026
    • Silk Road Art Feast: Enchanting Dunhuang Comes to Life Through Culinary Artistry

      By Irene Sam, MDT
      June 26, 2026
    • Myles Smith makes anthemic, personal pop on his debut, ‘My Mess, My Heart, My Life’ 

      By MDT/AP
      June 26, 2026
    • The Alibi Mixers Series: A Summer of Art, Music, and Craft Brews

      By -
      June 26, 2026
    • Recent

    • Popular

    • Pet-friendly dining grows to 90 restaurants, but hygiene debate rages on

      By Yuki Lei, MDT
      July 3, 2026
    • Son arrested for allegedly inciting father’s suicide attempt

      By Yuki Lei, MDT
      July 3, 2026
    • Spice Without Borders: When Sichuan Mala Meets Indian Masala in Hong Kong

      By Irene Sam, MDT
      July 3, 2026
    • LRT passenger figures drop by almost 20% month-on-month in June

      By Renato Marques, MDT
      July 3, 2026
    • Astronomer calls for global ‘space tax’ as orbital congestion risks rise

      By Nadia Shaw, MDT
      July 3, 2026
    • ‘Pop Out Green Restroom’ selected for architecture guide on sustainable design innovation

      By Renato Marques, MDT
      July 3, 2026
    • Your most valuable skill might be knowing what to ignore

      By -
      July 3, 2026
    • Canidrome may have its days numbered, decision in ‘one or two months’

      By Paulo Coutinho, MDT
      May 26, 2016
    • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

      By -
      May 4, 2016
    • Editorial | Canidoomed

      By Paulo Coutinho, MDT
      June 1, 2016
    • Animal Welfare | Canidrome presented with ultimatum: close or move

      By Daniel Beitler, MDT
      July 22, 2016
    • Australia regulator cracks down on alleged exportation of dogs to Macau

      By Paulo Coutinho, MDT
      June 10, 2016
    • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

      By Catarina Pinto
      July 6, 2015
    • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

      By Daniel Beitler, MDT
      May 27, 2016
    • Contact our Administrator
    • Contact our Editor-in-Chief
    • Contacts
    • Our Team
    • Privacy Policy
    • Terms and Conditions
    • Editorial Statute
    • Code of Ethics
    COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
    MACAU DAILY TIMES
    • Home
    • Macau
      • Photo Shop
      • Advertorial
    • Interview
    • Greater Bay
    • Business
      • Corporate Bits
    • China
    • Asia
    • World
    • Sports
    • Opinion
      • Editorial
      • Our Desk
      • Business Views
      • China Daily
      • Multipolar World
      • The Conversation
      • World Views
    • Our Team
    • Editorial Statute
      • Code of Ethics
      • Privacy Policy
      • Terms and Conditions
    • Archive
      • PDF Editions
    • Contacts
    • Extra Times
      • Drive In
      • Book It
      • tTunes
      • Features
      • World of Bacchus
      • Taste of Edesia

    Loading Comments...

    You must be logged in to post a comment.

      %d