Palace: Private companies allowed to purchase COVID-19 vaccines under tripartite deal

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Malacañang stressed that private companies have always been allowed to purchase their own coronavirus vaccines but it should be done through a tripartite agreement with the national government and the pharmaceutical company.

Presidential Spokesman Harry Roque made the statement after the Philippine Chamber of Commerce and Industry urged the government to allow the private sector including big companies and business organizations to procure their own vaccines.

“Talagang pinapayagan po natin ang private sector pero ito po ay sa pamamagitan ng tripartite agreement ,” he said. The Palace official explained noted that there were indemnification deals where the government shoulders responsibility for any adverse effect of the vaccine. Last month, President Duterte signed into law the COVID-19 Vaccination Program Act of 2021 the speeds up the procurement and administration of coronavirus vaccines and establishes an indemnity fund for those who may show adverse side effects after getting the shot.

 

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