'Held to Ransom: Pfizer Plays Hardball in COVID-19 Vaccine Negotiations with Latin American Countries
"Pfizer has been accused of 'bullying' Latin American governments during negotiations to acquire its COVID-19 vaccine, and the company has asked some countries to put up sovereign assets, such as embassy buildings and military bases, as a guarantee against the cost of any future legal cases, according to an investigation by the UK-based Bureau of Investigative Journalism.
In Argentina and Brazil, Pfizer asked for sovereign assets to be put up as collateral for any future legal costs. One government health official who was present in an unnamed country's negotiations described Pfizer's demands as high-level bullying and said the government felt like it was being 'held to ransom' in order to access life-saving vaccines.
Campaigners are already warning of a 'vaccine apartheid' in which rich Western countries may be innoculated years before lower income regions. Now legal experts have raised concerns Pfizer's demands amount to an abuse of power."