Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Brussels reaches 1st agreement on potential COVID-19 vaccine

    Brussels reaches 1st agreement on potential COVID-19 vaccine

    npsnps19 August 2020
    — Filed under: EU News Headline2 Health Pharmaceuticals
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Brussels reaches 1st agreement on potential COVID-19 vaccine

    Photo © European Union

    (BRUSSELS) – The EU Commission reached first agreement with pharmaceutical company AstraZeneca Friday to buy a potential vaccine against COVID-19 as well as to donate to lower and middle income countries.

    This follows positive steps regarding conclusion of exploratory talks with Sanofi-GSK announced on 31 July and with Johnson & Johnson on 13 August.

    Once the vaccine has proven to be safe and effective against COVID-19, the Commission says it has agreed the basis for a contractual framework for the purchase of 300 million doses of the AstraZeneca vaccine, with an option to purchase 100 million more, on behalf of EU Member States. The Commission continues discussing similar agreements with other vaccine manufacturers.

    The Health Commissioner Stella Kyriakides said:”Today, after weeks of negotiations, we have the first EU advance purchase agreement for a vaccine candidate. I would like to thank AstraZeneca for its constructive engagement on this important agreement for our citizens. We will continue to work tirelessly to bring more candidates into a broad EU vaccines portfolio. A safe and effective vaccine remains the surest exit strategy to protect our citizens and the rest of the world from the coronavirus.”

    The agreement is to be financed with the EU’s ‘Emergency Support Instrument’, which has funds dedicated to the creation of a portfolio of potential vaccines with different profiles and produced by different companies.

    AstraZeneca’s vaccine candidate is already in large-scale Phase II/III Clinical Trials after promising results in Phase I/II concerning safety and immunogenicity.

    The decision to support the vaccine proposed by AstraZeneca is based on a sound scientific approach and the technology used (a non-replicative recombinant chimpanzee adenovirus-based vaccine ChAdOx1), speed at delivery at scale, cost, risk sharing, liability and the production capacity able to supply the whole of the EU, among others.

    The EU executive says its regulatory processes ‘will be flexible but remain robust’. Together with the Member States and the European Medicines Agency, the Commission will use existing flexibilities in the EU’s regulatory framework to accelerate the authorisation and availability of successful vaccines against COVID-19. This includes an accelerated procedure for authorisation and flexibility in relation to labelling and packaging.

    EU Vaccines Strategy

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Deforestation - Image by Robert Jones from Pixabay

    Commission review shuts down calls to roll back EU Deforestation Regulation

    Sponsor: WWF4 May 2026
    Deforestation - Photo by Annie Spratt on Unsplash

    EU presses on with deforestation law but exempts leather imports

    Business Growth

    How to get your business ready for expansion

    EU agenda - Image by Andreas Lischka from Pixabay

    EU Agenda: Week Ahead – 4-9 May 2026

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Casino - Image by Mariakray from Pixabay

    How Is Business Looking for Netherlands iGaming Brands? Compared to Other Key EU Countries

    LATEST EU NEWS
    Deforestation - Photo by Annie Spratt on Unsplash

    EU presses on with deforestation law but exempts leather imports

    4 May 2026
    Mercosur signing - Maros Sefcovic - Photo © European Union 2026

    EU-Mercosur interim trade deal to enter into provisional application

    30 April 2026
    Pet dog at vet - Image by Tima Miroshnichenko on Pexels

    Green light for first EU rules to protect cats and dogs

    28 April 2026
    Rice sacks trade - Image by Thilina Alagiyawanna on Pexels

    Renewed EU trade instrument for development set for 2027

    28 April 2026
    Artificial intelligence - Image by Kohji Asakawa from Pixabay

    Brussels consults on Google measures to give Android users choice on AI services

    28 April 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?