Masha Midhath   21 September 2020 - 01:46 AM
Khairy Jamaluddin, Minister of Science, Technology, and Innovation
Khairy Jamaluddin, Minister of Science, Technology, and Innovation
Malaysia will join 172 countries to participate in the global COVAX Covid-19 vaccine access plan co-led by the World Health Organization (WHO), Khairy Jamaluddin, The Science, Technology and Innovation Minister of Malaysia announced.

COVAX — coordinated by GAVI, CEPI, and WHO — is a pooled procurement mechanism for new Covid-19 vaccines that aims to provide participating economies fair and equitable access to vaccines.

Khairy Jamaluddin says Malaysia has also signed non-disclosure agreements with several international pharmaceutical companies that are currently testing Covid-19 candidate vaccines in Phase 3 clinical trials and the Malaysian government is currently preparing government-to-government agreements with the Chinese government to get access to coronavirus vaccines developed in China.

Malaysia’s approach in joining COVAX, will ensure that Malaysia gets a quick and sufficient supply of vaccines at an appropriate price when the vaccine is proven to be safe and effective.

The 172 economies comprise 80 higher-income countries that will finance the Covid-19 vaccines from their own national budgets, while the remaining 92 low- and middle-income countries will receive financial support to access the vaccines. Malaysia is classified as an upper middle-income economy.