Economy

COVID19: European Union seals deal for Moderna vaccine

COVID19: European Union seals deal for Moderna vaccine”

"According to the results of clinical trials, this vaccine could be highly effective against COVID-19".

"I am happy to announce that today, we approved a new contract to secure another COVID-19 vaccine for Europeans", declared the Head of the European Commission.

Brussels will approve a deal for 160 million doses of US firm Moderna's COVID-19 vaccine, head of the European Commission Ursula von der Leyen said on Tuesday.

The European Union entered in its sixth contract with a pharmaceutical company for another 160 million vaccines.

It is the sixth supply deal the European Union has negotiated with COVID-19 vaccine makers and takes the total number of doses secured by the bloc to 1.96 billion for its population of around 450 million.

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"A safe and effective vaccine can help us end the pandemic, and return gradually to normal life", Von der Leyen said. We're talking about millions of syringes, we're talking about cold chains, we're talking about organizing vaccination centres, we're talking about trained personnel that is there.

Ursula von der Leyen says citizens in the 27-nation bloc could be vaccinated against coronavirus by Christmas. "You name it. All this has to be prepared", she warned.

European Commission President Ursula Von Der Leyen wears a mask during a debate on next EU council and last Brexit development during a plenary session at the European Parliament in Brussels, Belgium November 25, 2020. "Hospitals remain under stress, and in some regions some intensive care units are overwhelmed", she said. "But we must learn from the summer and not repeat the same mistakes", von der Leyen said. on Wednesday.

Given its location in western Europe, bordering four European Union countries, and that it's host to a number of big pharmaceutical companies, Belgium is set to become a hub for distributing the vaccines across the continent, but also into Africa.



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