Covid-19 vaccine scheme for poorest has $3.5b left to spend as pandemic recedes

The money could be diverted to prepare for other pandemics or to support vaccine manufacturing in Africa. Read more at straitstimes.com.

LONDON - Several billions of dollars left in a scheme to deliver Covid-19 vaccines to the world’s poorest could be diverted to prepare for other pandemics or to support vaccine manufacturing in Africa, the scheme’s partners said.

The remaining US$2 billion has come back to Covax after drugmakers agreed to refund deals agreed for vaccines at the height of the pandemic. “They want to keep the spirit of the political intent when the money was given… to help protect the rest of the world,” Ms Saraka-Yao said.Pfizer-BioNTech vaccine works best in kids who get inoculated before Covid-19 infection: Study

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