Concepcion: Over 500 companies to participate in Novavax briefing

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'Now, with Novavax, they have offered our country an equitable and great offer and I am encouraging the private sector to look at this developing initiative,' Concepcion said.

Joey Concepcion said that more than 500 companies will participate in their organized briefing on Thursday with Faberco Life Sciences Inc. which has the distribution rights for Novavax in the Philippines.

Novavax is an American vaccine development company with efficacy rate of 89.3 percent. Faberco, which will handle the National Government and LGU orders, has appointed United Laboratories, Inc. to handle the procurement of the private sector.“Luckily, we have already secured our doses with AstraZeneca. We are fortunate that Lotis Ramin and the whole of AstraZeneca in the Philippines has done their utmost effort just to secure the doses for the country.

Go Negosyo, through the “A Dose of Hope” program, has been at the forefront of engaging the private sector to partner with the public sector—developing the first tripartite agreement with the government, the only one of its kind around the world. Concepcion continues to find ways to secure vaccines for the country as the need never stops and the demand continuously surges.

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