Europe Threatens to Restrict Vaccine Exports After AstraZeneca and Pfizer Hit Production Problems
The European Union is calling out vaccine makers AstraZeneca (AZN) and Pfizer (PFE) over delivery delays that could slow its recovery from the pandemic. Officials are even threatening to restrict exports and take legal action as anger mounts. AstraZeneca will not be able to deliver as many doses of its vaccine as promised, according to EU officials, putting government rollout plans and the economic recovery at risk. The news comes after Pfizer said it had delivered fewer doses of its vaccine than expected last week. EU Health Commissioner Stella Kyriakides on Monday expressed dissatisfaction on talks with AstraZeneca and said conversations would continue. She said the drugmaker "intends to supply considerably fewer doses in the coming weeks than agreed and announced."