The Great Combinator
Registered Member
- Jul 3, 2021
- 67
- 282
This is not anti vaxx or pro vaxx post. I don't care about your vaccination status and you shouldn't be concerned with mine and label me things. I am pro information and sharing details of how Pfizer has structured their contracts with governments around the world. I've read articles describing this in the past but now see this video that summarizes a lot of information. Most news praise Pfizer and would never publish any bad story about them. Same Pfizer that is also planning to release twice daily Covid pill. They want to get everyone hooked on their drugs and if any lawsuits local governments to pay compensation and put up governments assets as collateral.
This post is only about what Pfizer is doing and nothing else, please do not change the subject and start flame wars about other subjects. You can find how vaccine contract is worded in your country and if there are similar clauses added.
Pfizer is holding governments to ransom
Copy Paste from article that summarizes some of what Pfizer has done in South & Latin America but it also has contracts with similar demands across the world.
While countries like India are sending free vaccines to poorer nations, there are companies like Pfizer which are bullying governments. The US-based company Pfizer is holding governments to ransom, interfering with their legislation, and even demanding military bases as guarantee.
Pfizer has vaccine deals with 9 latin American and Caribbean countries - Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, and Yurug-waae. Two major latin American nations are missing from this list are Argentina and Brazil.
What happened in Argentina?
Talks between Argentina and Pfizer began in June 2020. In July, President Alberto Fernandez held a meeting with Pfizer's Argentina CEO.
Then, Pfizer asked to be compensated for the cost of any future civil lawsuits. If someone files a civil lawsuit against Pfizer in Argentina and wins that case, the government of Argentina and not Pfizer would pay the compensation. So, Argentina's parliament passed a new law in October 2020, but Pfizer was unhappy with its phrasing. The law said Pfizer needs to at least pay for negligence, for its own mistakes if it happens to make any in the future.
Pfizer rejected this, after which Argentina offered to amend the law to define negligence more clearly - to include only vaccine distribution and delivery under negligence.
Pfizer was still not happy and demanded the law be amended through a new decree, which Argentina refused. Pfizer then asked Argentina to buy an international insurance to pay for potential future cases against Pfizer, to which the country agreed.
In December 2020, Pfizer came back with more demands, and demanded sovereign assets as collateral. Pfizer wanted Argentina to put its bank reserves, military bases and embassy buildings at stake. Vaccine manufacturers have always enjoyed a certain amount of liability waiver. Say you receive a vaccine from Pfizer and then you have adverse effects because of the jab.
You can always go ahead and file a lawsuit against Pfizer. If you win that lawsuit - instead of Pfizer, the government will compensate you. This is normal. In the United States for example, the PREP Act (Public Readiness and Emergency Preparedness act) gives total immunity to companies like Pfizer and Moderna.
But only if something goes wrong unintentionally, and this does not apply to negligence. But Pfizer wanted more - Not just sovereign assets but a fraud insurance, something with which Argentina did not agree with.
What happened in Brazil?
Pfizer went a step ahead and asked Brazil to create a guarantee fund, and deposit money in a foreign bank account.
On January 23, 2021 - Brazil’s Health Ministry put out a statement citing excerpts from Pfizer’s pre-contract clauses.
Here’s a list of Pfizer's demands - Brazil waives the sovereignty of its assets abroad in favour of Pfizer, that the rules of the land - be not applied on Pfizer, that Brazil take into consideration a delay in delivery, that Pfizer is not penalised for a delayed delivery, and that in case of any side effects, Pfizer be exempted from all civil liability.
The government of Brazil calls these clauses abusive. The Pfizer deal with Brazil failed too.
This post is only about what Pfizer is doing and nothing else, please do not change the subject and start flame wars about other subjects. You can find how vaccine contract is worded in your country and if there are similar clauses added.
Pfizer is holding governments to ransom
Copy Paste from article that summarizes some of what Pfizer has done in South & Latin America but it also has contracts with similar demands across the world.
While countries like India are sending free vaccines to poorer nations, there are companies like Pfizer which are bullying governments. The US-based company Pfizer is holding governments to ransom, interfering with their legislation, and even demanding military bases as guarantee.
Pfizer has vaccine deals with 9 latin American and Caribbean countries - Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Mexico, Panama, Peru, and Yurug-waae. Two major latin American nations are missing from this list are Argentina and Brazil.
What happened in Argentina?
Talks between Argentina and Pfizer began in June 2020. In July, President Alberto Fernandez held a meeting with Pfizer's Argentina CEO.
Then, Pfizer asked to be compensated for the cost of any future civil lawsuits. If someone files a civil lawsuit against Pfizer in Argentina and wins that case, the government of Argentina and not Pfizer would pay the compensation. So, Argentina's parliament passed a new law in October 2020, but Pfizer was unhappy with its phrasing. The law said Pfizer needs to at least pay for negligence, for its own mistakes if it happens to make any in the future.
Pfizer rejected this, after which Argentina offered to amend the law to define negligence more clearly - to include only vaccine distribution and delivery under negligence.
Pfizer was still not happy and demanded the law be amended through a new decree, which Argentina refused. Pfizer then asked Argentina to buy an international insurance to pay for potential future cases against Pfizer, to which the country agreed.
In December 2020, Pfizer came back with more demands, and demanded sovereign assets as collateral. Pfizer wanted Argentina to put its bank reserves, military bases and embassy buildings at stake. Vaccine manufacturers have always enjoyed a certain amount of liability waiver. Say you receive a vaccine from Pfizer and then you have adverse effects because of the jab.
You can always go ahead and file a lawsuit against Pfizer. If you win that lawsuit - instead of Pfizer, the government will compensate you. This is normal. In the United States for example, the PREP Act (Public Readiness and Emergency Preparedness act) gives total immunity to companies like Pfizer and Moderna.
But only if something goes wrong unintentionally, and this does not apply to negligence. But Pfizer wanted more - Not just sovereign assets but a fraud insurance, something with which Argentina did not agree with.
What happened in Brazil?
Pfizer went a step ahead and asked Brazil to create a guarantee fund, and deposit money in a foreign bank account.
On January 23, 2021 - Brazil’s Health Ministry put out a statement citing excerpts from Pfizer’s pre-contract clauses.
Here’s a list of Pfizer's demands - Brazil waives the sovereignty of its assets abroad in favour of Pfizer, that the rules of the land - be not applied on Pfizer, that Brazil take into consideration a delay in delivery, that Pfizer is not penalised for a delayed delivery, and that in case of any side effects, Pfizer be exempted from all civil liability.
The government of Brazil calls these clauses abusive. The Pfizer deal with Brazil failed too.
