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Pfizer (PFE.US) Wins COVID-19 Vaccine Lawsuits Against Poland and Romania, Awarded USD2.2 Billion in Compensation
2026-04-02 00:18:09 A Belgian court ruled on Wednesday that Poland and Romania must pay EUR1.9 billion (approximately USD2.2 billion) to Pfizer (PFE.US) after the two countries refused to accept COVID-19 vaccines during the pandemic. The Belgian court of first instance ruled in favor of Pfizer and ordered Poland to pay approximately EUR1.3 billion, while Romania was instructed to pay around EUR0.6 billion. The decision is related to a contract signed between the European Commission and Pfizer in 2021, under which European Union member states were entitled to receive a specified number of vaccine doses. However, as the pandemic threat gradually subsided and vaccination rates declined, both Poland and Romania refused to take delivery of the full quantity of vaccine doses stipulated in the contract and did not pay the agreed price to Pfizer. Pfizer subsequently filed lawsuits against the two countries in 2023. (sw/m)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |