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EU launches legal action
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By (user no longer on site) OP
over a year ago
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The European Union has launched legal action against the coronavirus vaccine manufacturer AstraZeneca.
The European Commission - the EU's executive branch - said it was suing the company for not respecting its vaccine supply contract, and for not having a "reliable" plan to ensure timely deliveries.
Source BBC News
26th April, 2021 |
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By *amish SMan
over a year ago
Eastleigh |
They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens. |
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By (user no longer on site) OP
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens. "
Yes - agreed.
They know this as well otherwise they would not take this action.
...going to be interesting... |
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By (user no longer on site)
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens. "
Who will it ‘put off ‘ trading with them? |
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By (user no longer on site)
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens. "
I'd agree with this sentiment. If the European Commission lose this case and it be seen as frivolous by others hen that could well have ongoing ramifications. |
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By *obka3Couple
over a year ago
bournemouth |
If this was boris taking such action he would be ridiculed, regardless of the right and wrongs of the contract, which no one except those involved currently know, the EU have made themselves look stupid. First they wanted it, then they said it didnt work well enough in the old but they still wanted it, then they weren't going to use it, but they still wanted it, then it was only for use in the under 60 age range, then it caused lots of blood clots but they still wanted it, then it was only for use in the over 65's, of course at the start it had to be two doses three wks apart but now it's ok 12 wks apart. Their farce has made trump look positively sane and rational |
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By (user no longer on site)
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens.
I'd agree with this sentiment. If the European Commission lose this case and it be seen as frivolous by others hen that could well have ongoing ramifications."
There is no proof of that . |
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By (user no longer on site)
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens.
I'd agree with this sentiment. If the European Commission lose this case and it be seen as frivolous by others hen that could well have ongoing ramifications.
There is no proof of that . "
Hence why I said there 'could be'.
You must try harder |
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By *atEvolutionCouple
over a year ago
atlantisEVOLUTION Swingers Club. Stoke |
"The European Union has launched legal action against the coronavirus vaccine manufacturer AstraZeneca.
The European Commission - the EU's executive branch - said it was suing the company for not respecting its vaccine supply contract, and for not having a "reliable" plan to ensure timely deliveries.
Source BBC News
26th April, 2021"
And the Dutch expect to throw away a million AZ vaccines - they should at least offer them to other countries in need. |
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By (user no longer on site)
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens.
I'd agree with this sentiment. If the European Commission lose this case and it be seen as frivolous by others hen that could well have ongoing ramifications.
There is no proof of that .
Hence why I said there 'could be'.
You must try harder "
True, so it’s just your opinion ? |
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By (user no longer on site) OP
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens.
I'd agree with this sentiment. If the European Commission lose this case and it be seen as frivolous by others hen that could well have ongoing ramifications."
It certainly will however, if they win this case then it will prove that AZ was in breach of contract (which part of the contract we will fund out in due course).
Lots of if's and but's but there is no smoke without fire.
Nothing is going to bring back all the dead from EU countries that, had the AZ supplied as per what the EU thought they had signed up to, may well have not happened however, it would clear the EU of blame.
Nobody would argue that a company should respect a contract that has been agreed and signed.
Let's see what comes out in court.
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By (user no longer on site)
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens.
I'd agree with this sentiment. If the European Commission lose this case and it be seen as frivolous by others hen that could well have ongoing ramifications.
There is no proof of that .
Hence why I said there 'could be'.
You must try harder
True, so it’s just your opinion ? "
No, not just mine |
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By (user no longer on site)
over a year ago
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"They better be watertight in their case. Otherwise they will look fools again. It will put others off doing trade with them, some might not renew contracts others may instigate escape clauses.
They are in a mess and no amount of suing is going to help the EU citizens.
I'd agree with this sentiment. If the European Commission lose this case and it be seen as frivolous by others hen that could well have ongoing ramifications.
It certainly will however, if they win this case then it will prove that AZ was in breach of contract (which part of the contract we will fund out in due course).
Lots of if's and but's but there is no smoke without fire.
Nothing is going to bring back all the dead from EU countries that, had the AZ supplied as per what the EU thought they had signed up to, may well have not happened however, it would clear the EU of blame.
Nobody would argue that a company should respect a contract that has been agreed and signed.
Let's see what comes out in court.
"
I agree with pretty much everything you say there.
Let's see what comes out in court and then we can make our decisions based on that.
Either way, one side will have an awful lot to answer for by the end of this |
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By *atEvolutionCouple
over a year ago
atlantisEVOLUTION Swingers Club. Stoke |
"
Either way, one side will have an awful lot to answer for by the end of this"
BRUSSELS (Reuters) -The European Commission said on Monday it had launched legal action against AstraZeneca for not respecting its contract for the supply of COVID-19 vaccines and for not having a "reliable" plan to ensure timely deliveries.
So much interpretation to be had in there I don't think the EU will get very far with it at all. |
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By *ostafunMan
over a year ago
near ipswich |
Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ. |
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By (user no longer on site)
over a year ago
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ."
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution |
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By *ostafunMan
over a year ago
near ipswich |
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution " I thought you didnt believe in forecasts. |
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By (user no longer on site)
over a year ago
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution I thought you didnt believe in forecasts. "
Nothing to with forecasts, |
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"The European Union has launched legal action against the coronavirus vaccine manufacturer AstraZeneca.
The European Commission - the EU's executive branch - said it was suing the company for not respecting its vaccine supply contract, and for not having a "reliable" plan to ensure timely deliveries.
Source BBC News
26th April, 2021" It is a pretty poor show if a leading pharma firm develop a life saving vaccine and all the EU can do by means of saying thank you is to sue them .
Maybe if the EU were as organised in procuring vaccines as the UK were , they would not be left with a shortage.
Do anyone know if the relevant documents have been served on Astra Zenica or is the just speculation by the EU. How much damages are they seeking . ? It is a very poor show taking legal action against a firm that has saved many lives and sacrificed profits in the process. |
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By *atEvolutionCouple
over a year ago
atlantisEVOLUTION Swingers Club. Stoke |
"
Do anyone know if the relevant documents have been served on Astra Zenica or is the just speculation by the EU. How much damages are they seeking . ? It is a very poor show taking legal action against a firm that has saved many lives and sacrificed profits in the process. "
. . .
"The Commission has started last Friday a legal action against AstraZeneca," the EU spokesman told a news conference, noting all 27 EU states backed the move.
"Some terms of the contract have not been respected and the company has not been in a position to come up with a reliable strategy to ensure timely delivery of doses," the spokesman said, explaining what triggered the move.
"AstraZeneca has fully complied with the Advance Purchase Agreement with the European Commission and will strongly defend itself in court. " |
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By (user no longer on site) OP
over a year ago
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Had it been the EU that got the vaccine prior to the UK and it was found that AZ was in breach of contract, would you not want to take them to court?
It is nothing to do with the EU but everything to do with a contract. |
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By *ostafunMan
over a year ago
near ipswich |
"Had it been the EU that got the vaccine prior to the UK and it was found that AZ was in breach of contract, would you not want to take them to court?
It is nothing to do with the EU but everything to do with a contract." Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it. |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution " . In the last year the Astra Zeneca share price has fallen by 8.22 %. The share price in Jan 20 was slightly below 9000 and at close of businness to day the price was 7530. It would be interesting to know how you concluded that their share price has increased due to the vaccine. I have looked at the share price movement for the last five years and cannot see any evidence that any rises are linked to the vaccine. |
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By (user no longer on site) OP
over a year ago
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"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it. "
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest. |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution . In the last year the Astra Zeneca share price has fallen by 8.22 %. The share price in Jan 20 was slightly below 9000 and at close of businness to day the price was 7530. It would be interesting to know how you concluded that their share price has increased due to the vaccine. I have looked at the share price movement for the last five years and cannot see any evidence that any rises are linked to the vaccine. "
Share prices are largely irrelevant to most people and companies unless they drop to near zero |
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By *ostafunMan
over a year ago
near ipswich |
"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it.
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest." I never said it was or that countries in the eu cant act off their own back i was giving you an example of the eu commission tell me im wrong has the eu sent any aid yet? |
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Look like any action will be rigorously defended .
AstraZeneca said in a statement that it “regrets” the Commission’s decision to take legal action and that it will “strongly defend” itself in court.
“We believe any litigation is without merit and we welcome this opportunity to resolve this dispute as soon as possible,” AstraZeneca said. It said deliveries are improving “following an unprecedented year of scientific discovery, very complex negotiations, and manufacturing challenges.”
“We are making progress addressing the technical challenges and our output is improving, but the production cycle of a vaccine is very long which means these improvements take time to result in increased finished vaccine doses,” it said. |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution . In the last year the Astra Zeneca share price has fallen by 8.22 %. The share price in Jan 20 was slightly below 9000 and at close of businness to day the price was 7530. It would be interesting to know how you concluded that their share price has increased due to the vaccine. I have looked at the share price movement for the last five years and cannot see any evidence that any rises are linked to the vaccine.
Share prices are largely irrelevant to most people and companies unless they drop to near zero " I do not think anyone paying into a pension scheme ( which is the majority of the Uk workforce ) would regard share prices as irrelevant - the value of their fund may be dependent on it .
The same applies to many charities . An uplift in the value of their assets means that they have potentially more funds to help deserving causes .
Last time I checked , Oxfam held investments to the value of circa £100 million . |
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By *renzMan
over a year ago
Between Chichester and Havant |
"Look like any action will be rigorously defended .
AstraZeneca said in a statement that it “regrets” the Commission’s decision to take legal action and that it will “strongly defend” itself in court.
“We believe any litigation is without merit and we welcome this opportunity to resolve this dispute as soon as possible,” AstraZeneca said. It said deliveries are improving “following an unprecedented year of scientific discovery, very complex negotiations, and manufacturing challenges.”
“We are making progress addressing the technical challenges and our output is improving, but the production cycle of a vaccine is very long which means these improvements take time to result in increased finished vaccine doses,” it said."
Unfortunately you're forgetting the 'might' of the EU against little az! |
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By *eroy1000Man
over a year ago
milton keynes |
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution . In the last year the Astra Zeneca share price has fallen by 8.22 %. The share price in Jan 20 was slightly below 9000 and at close of businness to day the price was 7530. It would be interesting to know how you concluded that their share price has increased due to the vaccine. I have looked at the share price movement for the last five years and cannot see any evidence that any rises are linked to the vaccine.
Share prices are largely irrelevant to most people and companies unless they drop to near zero I do not think anyone paying into a pension scheme ( which is the majority of the Uk workforce ) would regard share prices as irrelevant - the value of their fund may be dependent on it .
The same applies to many charities . An uplift in the value of their assets means that they have potentially more funds to help deserving causes .
Last time I checked , Oxfam held investments to the value of circa £100 million . "
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By (user no longer on site) OP
over a year ago
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"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it.
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest. I never said it was or that countries in the eu cant act off their own back i was giving you an example of the eu commission tell me im wrong has the eu sent any aid yet?"
The EU is not a country and do not own ventilators or medical supplies.
How could they send them ? |
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By *ostafunMan
over a year ago
near ipswich |
"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it.
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest. I never said it was or that countries in the eu cant act off their own back i was giving you an example of the eu commission tell me im wrong has the eu sent any aid yet?
The EU is not a country and do not own ventilators or medical supplies.
How could they send them ?" Can you tell me what is the point of the eu ? they said they were going to activate the eu civil protection mechanism and by your own words germany and france are already sending aid.It seems they dont have much faith in the speed the commission work either. .
There is actually no need for a commission or parliament as eu countries are sending aid without them, procuring their own vaccines without them and the pandemic has shown them up for what they are totally irrelevant and more of a hindrance to eu countries than a help. |
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By (user no longer on site) OP
over a year ago
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"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it.
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest. I never said it was or that countries in the eu cant act off their own back i was giving you an example of the eu commission tell me im wrong has the eu sent any aid yet?
The EU is not a country and do not own ventilators or medical supplies.
How could they send them ?Can you tell me what is the point of the eu ? they said they were going to activate the eu civil protection mechanism and by your own words germany and france are already sending aid.It seems they dont have much faith in the speed the commission work either. .
There is actually no need for a commission or parliament as eu countries are sending aid without them, procuring their own vaccines without them and the pandemic has shown them up for what they are totally irrelevant and more of a hindrance to eu countries than a help. "
Whatever |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution "
No, their share price has gone down from 8000p to 7530p over the past 6 months. |
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By (user no longer on site)
over a year ago
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months. "
Must be because of Brexit |
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By *ostafunMan
over a year ago
near ipswich |
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit " I thought you liked to stick to facts so why are you posting lies? |
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By *obka3Couple
over a year ago
bournemouth |
"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it.
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest."
That is completely true of course.
But the commission and parliament want an ever increasing role and control which means that when they achieve that decisions will take too long, the proof is there for all to see in their vaccine cock ups.
Every change since the forerunners of the EU was first born has been in one direction, more central control, it might take a while but the ultimate aim is an US of Europe.
Which is of course fine IF everyone gets a vote on it |
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By (user no longer on site)
over a year ago
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit I thought you liked to stick to facts so why are you posting lies?"
In my opinion it is because of Brexit , |
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"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it.
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest. I never said it was or that countries in the eu cant act off their own back i was giving you an example of the eu commission tell me im wrong has the eu sent any aid yet?
The EU is not a country and do not own ventilators or medical supplies.
How could they send them ?Can you tell me what is the point of the eu ? they said they were going to activate the eu civil protection mechanism and by your own words germany and france are already sending aid.It seems they dont have much faith in the speed the commission work either. .
There is actually no need for a commission or parliament as eu countries are sending aid without them, procuring their own vaccines without them and the pandemic has shown them up for what they are totally irrelevant and more of a hindrance to eu countries than a help.
Whatever"
There was quite an easy question for you there... What is the point of the EU? |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit "
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically. |
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By (user no longer on site)
over a year ago
|
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically."
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press "
Still can't see how brexit impacts there share price when you look at all the data for them and the other vaccine manufacturers but there you go. Yes if they win it will plummet further for sure, shame really when AZ were the only ones doing it on a non profit basis. I also think regardless of if the EU win or not it will have a negative effect for them too, companies may consider the risk of doing deals with them is more hassle than its worth, the bad press they have received has been consistently stoked and stirred by the EU from day one, none of the other vaccine companies were able to meet there initial contractual agreements yet it was always AZ that the figure was pointed at for some reason. |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press "
It's unlikely, the potential price of losing has already been figured into the share price by the markets. Any early settlement, even if AZ has to pay a few million, and the share price will go up.
I'm a bit of an expert on these things. |
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By (user no longer on site)
over a year ago
|
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press
It's unlikely, the potential price of losing has already been figured into the share price by the markets. Any early settlement, even if AZ has to pay a few million, and the share price will go up.
I'm a bit of an expert on these things. "
So you say |
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By (user no longer on site)
over a year ago
|
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press
Still can't see how brexit impacts there share price when you look at all the data for them and the other vaccine manufacturers but there you go. Yes if they win it will plummet further for sure, shame really when AZ were the only ones doing it on a non profit basis. I also think regardless of if the EU win or not it will have a negative effect for them too, companies may consider the risk of doing deals with them is more hassle than its worth, the bad press they have received has been consistently stoked and stirred by the EU from day one, none of the other vaccine companies were able to meet there initial contractual agreements yet it was always AZ that the figure was pointed at for some reason."
So it is the EU that is partially responsible for the bad press and in turn causing the share price to drop ? |
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By *ostafunMan
over a year ago
near ipswich |
"Mate that was never going to happen the EU is too slow on making decisions they were way behind on vaccine procurement and too slow on approving vaccines.If you need an example of how slow the eu are just look at India the uk will have ventilators etc there by tomorrow the eu are talking about it.
France, Germany and the UK are sending ventilators anongst other supplies which will arrive in India tomorrow.
Countries within the EU do not have to wait for the EU commission to make a decision to give aid. Each country can act independently and always could.
Giving aid to India is a humanitarian mission and not a pissing contest. I never said it was or that countries in the eu cant act off their own back i was giving you an example of the eu commission tell me im wrong has the eu sent any aid yet?
The EU is not a country and do not own ventilators or medical supplies.
How could they send them ?Can you tell me what is the point of the eu ? they said they were going to activate the eu civil protection mechanism and by your own words germany and france are already sending aid.It seems they dont have much faith in the speed the commission work either. .
There is actually no need for a commission or parliament as eu countries are sending aid without them, procuring their own vaccines without them and the pandemic has shown them up for what they are totally irrelevant and more of a hindrance to eu countries than a help.
Whatever" That all you got? |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press
Still can't see how brexit impacts there share price when you look at all the data for them and the other vaccine manufacturers but there you go. Yes if they win it will plummet further for sure, shame really when AZ were the only ones doing it on a non profit basis. I also think regardless of if the EU win or not it will have a negative effect for them too, companies may consider the risk of doing deals with them is more hassle than its worth, the bad press they have received has been consistently stoked and stirred by the EU from day one, none of the other vaccine companies were able to meet there initial contractual agreements yet it was always AZ that the figure was pointed at for some reason.
So it is the EU that is partially responsible for the bad press and in turn causing the share price to drop ? "
Certainly seems to have been that way from everything I have seen, not much bad press here or in the US or Africa or elsewhere. The more worrying thing is not what effect it had on the share price but on the take up of the vaccine in my opinion because that effects us all no matter which country you live in. |
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By (user no longer on site)
over a year ago
|
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press
Still can't see how brexit impacts there share price when you look at all the data for them and the other vaccine manufacturers but there you go. Yes if they win it will plummet further for sure, shame really when AZ were the only ones doing it on a non profit basis. I also think regardless of if the EU win or not it will have a negative effect for them too, companies may consider the risk of doing deals with them is more hassle than its worth, the bad press they have received has been consistently stoked and stirred by the EU from day one, none of the other vaccine companies were able to meet there initial contractual agreements yet it was always AZ that the figure was pointed at for some reason.
So it is the EU that is partially responsible for the bad press and in turn causing the share price to drop ?
Certainly seems to have been that way from everything I have seen, not much bad press here or in the US or Africa or elsewhere. The more worrying thing is not what effect it had on the share price but on the take up of the vaccine in my opinion because that effects us all no matter which country you live in."
True, tbf the EU have stated that the vaccine is safe, it’s individual countries that have stopped or halted its use |
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"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press
Still can't see how brexit impacts there share price when you look at all the data for them and the other vaccine manufacturers but there you go. Yes if they win it will plummet further for sure, shame really when AZ were the only ones doing it on a non profit basis. I also think regardless of if the EU win or not it will have a negative effect for them too, companies may consider the risk of doing deals with them is more hassle than its worth, the bad press they have received has been consistently stoked and stirred by the EU from day one, none of the other vaccine companies were able to meet there initial contractual agreements yet it was always AZ that the figure was pointed at for some reason.
So it is the EU that is partially responsible for the bad press and in turn causing the share price to drop ?
Certainly seems to have been that way from everything I have seen, not much bad press here or in the US or Africa or elsewhere. The more worrying thing is not what effect it had on the share price but on the take up of the vaccine in my opinion because that effects us all no matter which country you live in.
True, tbf the EU have stated that the vaccine is safe, it’s individual countries that have stopped or halted its use "
Yes, thats a good point, I would agree certain individual countries have done far more to harm AZ reputation than the EU itself. |
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By *ostafunMan
over a year ago
near ipswich |
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press
Still can't see how brexit impacts there share price when you look at all the data for them and the other vaccine manufacturers but there you go. Yes if they win it will plummet further for sure, shame really when AZ were the only ones doing it on a non profit basis. I also think regardless of if the EU win or not it will have a negative effect for them too, companies may consider the risk of doing deals with them is more hassle than its worth, the bad press they have received has been consistently stoked and stirred by the EU from day one, none of the other vaccine companies were able to meet there initial contractual agreements yet it was always AZ that the figure was pointed at for some reason.
So it is the EU that is partially responsible for the bad press and in turn causing the share price to drop ?
Certainly seems to have been that way from everything I have seen, not much bad press here or in the US or Africa or elsewhere. The more worrying thing is not what effect it had on the share price but on the take up of the vaccine in my opinion because that effects us all no matter which country you live in.
True, tbf the EU have stated that the vaccine is safe, it’s individual countries that have stopped or halted its use
Yes, thats a good point, I would agree certain individual countries have done far more to harm AZ reputation than the EU itself." Which brings me back to what i was saying, what is the point of having an European medical agency if no one takes a blind bit of notice of them? another eu dream which is a total waste of money for the sake of perceived unity which has been blown apart by the pandemic. |
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By *atEvolutionCouple
over a year ago
atlantisEVOLUTION Swingers Club. Stoke |
"Which brings me back to what i was saying, what is the point of having an European medical agency if no one takes a blind bit of notice of them? another eu dream which is a total waste of money for the sake of perceived unity which has been blown apart by the pandemic. "
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"Which brings me back to what i was saying, what is the point of having an European medical agency if no one takes a blind bit of notice of them? another eu dream which is a total waste of money for the sake of perceived unity which has been blown apart by the pandemic.
"
If there was no EU then there'd be no EU orchestra. No air taxis for failed politicians. Lobster and champagne imports to Belgium would collapse.
Then where would we be?
|
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By (user no longer on site)
over a year ago
|
"Which brings me back to what i was saying, what is the point of having an European medical agency if no one takes a blind bit of notice of them? another eu dream which is a total waste of money for the sake of perceived unity which has been blown apart by the pandemic.
If there was no EU then there'd be no EU orchestra. No air taxis for failed politicians. Lobster and champagne imports to Belgium would collapse.
Then where would we be?
"
I like an orchestra, and we are still paying for their lobster and champagne, the EU would like to thank you for you’re contribution, cheers |
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By *atEvolutionCouple
over a year ago
atlantisEVOLUTION Swingers Club. Stoke |
"Which brings me back to what i was saying, what is the point of having an European medical agency if no one takes a blind bit of notice of them? another eu dream which is a total waste of money for the sake of perceived unity which has been blown apart by the pandemic.
If there was no EU then there'd be no EU orchestra. No air taxis for failed politicians. Lobster and champagne imports to Belgium would collapse.
Then where would we be?
I like an orchestra, and we are still paying for their lobster and champagne, the EU would like to thank you for you’re contribution, cheers "
You loved to pay for it before brexit - so your news really isn't news is it? |
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By (user no longer on site)
over a year ago
|
"Which brings me back to what i was saying, what is the point of having an European medical agency if no one takes a blind bit of notice of them? another eu dream which is a total waste of money for the sake of perceived unity which has been blown apart by the pandemic.
If there was no EU then there'd be no EU orchestra. No air taxis for failed politicians. Lobster and champagne imports to Belgium would collapse.
Then where would we be?
I like an orchestra, and we are still paying for their lobster and champagne, the EU would like to thank you for you’re contribution, cheers
You loved to pay for it before brexit - so your news really isn't news is it?"
It tastes better when it’s free, not my words, this is coming directly from Brussels , |
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By *eroy1000Man
over a year ago
milton keynes |
"Az are the only ones not making a profit out of vaccines and the eu want to sue them you couldn't make it up Its like someone suing a charity ,lets hope another pandemic doesn't descend on the world and the eu have to rely on AZ.
AZ are worth billions, their share price has increased due to the vaccine, people will be making a fortune from it. In my option though the EU shouldn’t be suing them, there has to be a better solution
No, their share price has gone down from 8000p to 7530p over the past 6 months.
Must be because of Brexit
Think you will find its more to do with the negative press and comments about the vaccines efficiency and associated risks than anything else. Can you explain why you think Brexit? Because none of the other vaccine producing companies share price has dropped in the last 6 months and considering that the drug is on offer globaly, not just the EU, and there is a higher amount of demand than current supply, your idea that Brexit should effect it doesn't seem to make any sense logically.
Tbh , I should have stated ‘it might be due to Brexit ‘ , if the EU win this case then the share price will plummet further . What has caused AZ to get bad press
Still can't see how brexit impacts there share price when you look at all the data for them and the other vaccine manufacturers but there you go. Yes if they win it will plummet further for sure, shame really when AZ were the only ones doing it on a non profit basis. I also think regardless of if the EU win or not it will have a negative effect for them too, companies may consider the risk of doing deals with them is more hassle than its worth, the bad press they have received has been consistently stoked and stirred by the EU from day one, none of the other vaccine companies were able to meet there initial contractual agreements yet it was always AZ that the figure was pointed at for some reason.
So it is the EU that is partially responsible for the bad press and in turn causing the share price to drop ?
Certainly seems to have been that way from everything I have seen, not much bad press here or in the US or Africa or elsewhere. The more worrying thing is not what effect it had on the share price but on the take up of the vaccine in my opinion because that effects us all no matter which country you live in.
True, tbf the EU have stated that the vaccine is safe, it’s individual countries that have stopped or halted its use
Yes, thats a good point, I would agree certain individual countries have done far more to harm AZ reputation than the EU itself.Which brings me back to what i was saying, what is the point of having an European medical agency if no one takes a blind bit of notice of them? another eu dream which is a total waste of money for the sake of perceived unity which has been blown apart by the pandemic. "
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By *amish SMan
over a year ago
Eastleigh |
Thanks for suing us EU, you now want to buy some medication for x, y & z medical conditions. Pretty sure reply will be, go do one, or certainly - it will cost this.
Other pharmaceutical companies will take a similar line I expect, or cut the number to what little they know they could deliver which would not help EU citizens.
I must have missed the EU suing VAG for emitting extra emissions in EU cities. Double standards come to mind, the same idiots who nearly banned two stroke engines then realised cutting firewood in some states would be a little harder - yes, it was dropped at the last minute.
Glad we are out of that mess,and find it disgusting that they call countries states, what an insult to those proud people of the individual countries. |
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