Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Supply Chain Updates

Khairy ready to brief PAC on procurement as AstraZeneca confirms Malaysia buying Covid-19 vaccine ‘at cost’

usscmc by usscmc
December 25, 2020
Khairy ready to brief PAC on procurement as AstraZeneca confirms Malaysia buying Covid-19 vaccine ‘at cost’
Share on FacebookShare on Twitter

PUTRAJAYA (Dec 23): Science, Technology and Innovation Minister Khairy Jamaluddin is prepared to give a briefing to the Public Accounts Committee (PAC) on the procurement of Covid-19 vaccines, including the cost details, but the committee members must comply with the condition of secrecy as stipulated by the vaccine manufacturers. 

He said the briefing was in reply to a statement by DAP leader Lim Kit Siang who alleged the Covid-19 vaccine price paid by Malaysia was about 20 times the price obtained by the Belgian government.

“For the time being, all governments including Malaysia are subject to the condition of secrecy and, as such, we cannot give the price details based on each vaccine producer.

“If we breach the condition, it will affect our agreement with the vaccine manufacturing companies. It is their condition, not ours,” he told a media conference on the development to procure Covid-19 vaccines here today.

Asked whether he was worried if PAC members would disseminate the information given in the briefing, Khairy said he wanted to be transparent on the vaccine procurement and there was no choice except to meet the PAC as the representative of the people.

“I want to be as transparent as possible; I want to tell Malaysians that I am very happy with the price we got from Pfizer. If I could, I would like to say it now, but I can’t. Even based on the so-called leaked European Union (EU) price, I’m even happier about the price we got,” he said.

Khairy stressed that the procurement of Covid-19 vaccines from pharmaceutical companies Pfizer (in the US) and AstraZeneca (in the UK) was made through direct negotiation and not through middlemen or distributors.

According to him, AstraZeneca also issued a press statement today, which confirmed that Malaysia was buying the vaccine at cost, which was the price given by AstraZeneca.

On the allegation of Pasir Salak Member of Parliament (MP) Datuk Seri Tajuddin Abdul Rahman that there were parties reaping RM500 million in commission in the purchase of Covid-19 vaccines, Khairy said it was a baseless claim.

“As I said before this, that we directly negotiated with Pfizer and AstraZeneca and in another third pharmaceutical company, the government was also involved in the negotiation, even though it was being acquired by a local company.

“It is a tripartite negotiation involving Sinovac, the Malaysian government and a local company to ensure we obtain the best price. There is no commission,” he said.

Yesterday, Prime Minister Tan Sri Muhyiddin Yassin announced that the government had signed an agreement with AstraZeneca to obtain 6.4 million doses of Covid-19 vaccine, which was another 10% of vaccine supply to be acquired by the country.

He explained that this meant the government had now acquired an overall guaranteed supply of 40%, including the two agreements signed earlier with COVAX and Pfizer. 

He said the government was also in the final stage of negotiation with Sinovac and CanSinoBIO of China as well as the Gamaleya National Centre of Russia to obtain additional vaccine supply for more than 80% of the country’s population or 26.5 million.

Read also:
Govt in talks to secure more vaccines from Russia, Pfizer, says Khairy

usscmc

usscmc

No Result
View All Result

Recent Posts

  • How Hapag Lloyd captured a major market share in the Container Shipping Industry in USA
  • Why USA’s East Coast is the Favorite Destination for Manufacturing Companies
  • How Trade Relations Between the USA and UK Improved After Keir Starmer Became Prime Minister
  • Tips and Tricks for Procurement Managers to Handle Their Supplier Woes
  • The Crazy Supply Chain of Walmart Spanning Across the Globe

Recent Comments

  • Top 5 Supply Chain Certifications that are in high demand | Top 5 Certifications on Top 5 Globally Recognized Supply Chain Certifications
  • 3 Best Procurement Certifications that are most valuable | Procurement Newz on Top 5 Globally Recognized Supply Chain Certifications

Archives

  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • September 2019

Categories

  • Global News
  • Supply Chain Updates

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • Antispam
  • Contact Us
  • Disclaimer
  • Home
  • Privacy Policy
  • Terms of Use

© 2025 www.usscmc.com

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us

© 2025 www.usscmc.com