AstraZeneca CEO Defends EU Vaccine Delivery in Parliamentary Grilling
- Pascal Soriot said vaccine shortfall due to yield issues
- CEOs from Moderna, CureVac and Novavax also at hearing
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AstraZeneca Plc Chief Executive Officer Pascal Soriot sought to deflect blame for a shortfall in Covid-19 vaccine deliveries to Europe, while reassuring lawmakers that his company is working to meet second-quarter targets.
Speaking remotely to a European Parliament hearing, Soriot said his company would deliver 40 million doses to the European Union in the first quarter, with the volume set to rise in coming months. Employees are working around the clock to increase production, but perfecting the process takes time and isn’t without setbacks, he said.