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Pfizer Demands Latin American Governments Offer State Assets To Secure COVID-19 Vaccine Deals

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“Pfizer has been accused of “bullying” Latin American governments in COVID-19 vaccine negotiations and has even asked some of them to put up sovereign assets such as military bases as a guarantee against the cost of any future legal cases, the Bureau of Investigative Journalism has revealed.” [Source:]


According to the Bureau of Investigative Journalism, Pfizer demanded that Latin American governments provide indemnity against any civil claims citizens might file if they experience adverse effects from its COVID-19 vaccine. The company apparently wanted Argentina and Brazil to put up sovereign assets such as federal bank reserves, embassy buildings, and even military bases, as collateral. Despite coming under heavy pressure from the vaccine maker, both countries quite rightly refused to agree to this.

Pfizer’s vaccine uses ‘messenger ribonucleic acid’ (mRNA), a molecule containing genetic code that instructs the body to make proteins. By introducing a specific mRNA sequence into the body via a vaccine, the idea is that it will instruct a person’s cells to produce the necessary antigens and generate an immune response against the coronavirus.

While Pfizer claims its vaccine is more than 90 percent effective in preventing COVID-19, the fact is there is no medium- or long-term data to prove its safety. Traditional vaccines generally take around 10 years to develop, including safety testing and regulatory approval. In contrast, Pfizer’s mRNA vaccine took just 10 months to develop.

To read a summary of our position on coronavirus vaccines, visit the Dr. Rath Education website.

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