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AstraZeneca further cuts target for supply to EU in first quarter to 30 million vaccines – Reuters

Adding to growing vaccine woes in the European Union (EU), AstraZeneca announced that it has cut its supply forecast of COVID-19 vaccines to the bloc in the first quarter to about 30 million doses, Reuters reported, citing a document, shared with EU officials and dated March 10.

The British-Swedish pharma giant said that the cut amounts to a third of its contractual obligations and a 25% drop from pledges made last month.

Key takeaways

“The company now expects to deliver 30.1 million doses by the end of March, and another 20 million in April.”

“The document shows that on Feb. 24, the Anglo-Swedish company already estimated a supply of only 34 million doses to the EU for the January to March period, well below its contracted target of 90 million doses.”

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