AstraZeneca tells EU it expects to deliver less than half the COVID-19 vaccines it was contracted to supply in Q2

Author: Eamonn Sheridan | Category: News

Via Reuters info, citing an unnamed source, and EU official

  • AstraZeneca to deliver under 90 mln doses in Q2
  • Company had committed to supplying EU with 180 mln doses
  • AstraZeneca says it is working to increase productivity
  • Says it could make up the shortfall in Q3 
Adds Reuters:
  • The expected shortfall, which has not previously been reported, follows a big reduction in supplies in the first quarter and could hit the EU's ability to meet its target of vaccinating 70% of adults by summer. 
If this is correct it'll be a negative for the EUR as recovery on the continent lags other areas of the globe. 
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