Chris O'Connor
Player Valuation: £35m
I see a further twist to this vaccine slowdown in April. Reports indicated it was a result of some vaccines 'shipped' from India not being supplied as quickly as they'd hoped.
However the Indian government denied any embargo for internal reasons, but their huge country is struggling for enough vaccine supplies and is understandably concerned that Indian producers can make enough for the home market. With production levels down exports may have to be slowed.
The head of the major producer there has however put a large part of the fault on Britain being unfortunate to be caught in the crossfire of materials nationalism from the Biden administration.
Adar Poonawalla, CEO of the Serum Institute said the decision had been made “solely” by the Indian government, which he claimed was temporarily holding exports to combat a domestic surge in cases.
Mr Poonawalla accused Mr Biden of “raw materials nationalism” after the president last month signed the Defence Production Act, a Korean War-era piece of legislation allowing exports to be blocked from leaving the US in national emergencies. Any shortfall in vital ingredients slows vaccinep production which slows exports.
The EU isn't the only one with a penchant for vaccine nationalism as the current US administration shows.
However the Indian government denied any embargo for internal reasons, but their huge country is struggling for enough vaccine supplies and is understandably concerned that Indian producers can make enough for the home market. With production levels down exports may have to be slowed.
The head of the major producer there has however put a large part of the fault on Britain being unfortunate to be caught in the crossfire of materials nationalism from the Biden administration.
Adar Poonawalla, CEO of the Serum Institute said the decision had been made “solely” by the Indian government, which he claimed was temporarily holding exports to combat a domestic surge in cases.
Mr Poonawalla accused Mr Biden of “raw materials nationalism” after the president last month signed the Defence Production Act, a Korean War-era piece of legislation allowing exports to be blocked from leaving the US in national emergencies. Any shortfall in vital ingredients slows vaccinep production which slows exports.
The EU isn't the only one with a penchant for vaccine nationalism as the current US administration shows.