Concepcion: Losses from expired vaccines hit P5.1 billion
Catherine Talavera - The Philippine Star
July 28, 2022 | 12:00am
MANILA, Philippines — As the end of the month approaches, the private sector stressed that losses from expired vaccines it purchased have reached P5.1 billion, as it emphasized that it has no more supply of two brands.
In a statement yesterday, Go Negosyo founder Joey Concepcion said the final tally of expired COVID-19 vaccines in private sector warehouses totaled 4.25 million.
He added that the final batch of
AstraZeneca vaccines would expire on July 31, while the last of the
Moderna vaccines expired yesterday.
“This means that the country has only
Pfizer vaccines left for first and second boosters,” Concepcion said.
He added that of the total expired vaccines, 3.629 million are
Moderna vaccines.
Concepcion explained that under the tripartite agreement that facilitated the purchase of these vaccines, the government had in its possession half of all the vaccines procured by the private sector.
“These Moderna vaccines have the same expiry date, so whatever expired in the private sector warehouses also expired in the public sector,” he said.