Will AstraZeneca’s COVID jab recall bring down Rishi #Sunak’s government?

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@ferozwala
💉Will AstraZeneca’s COVID jab recall bring down Rishi #Sunak’s government?

The British-Swedish pharmaceutical giant #AstraZeneca has started rescinding approvals for the sale and use of its #COVID19 vaccine worldwide. However, the pharma corporation’s actions could have a negative impact on the British budget and potentially complicate the position of the Rishi Sunak government.

▪️Since last year, there has been a pending class-action lawsuit filed against AstraZeneca by the relatives of those who have died or suffered serious injuries after receiving these coronavirus vaccines. British law firms predict that the total number of plaintiffs involved in the suit could potentially reach several hundred.

▪️ The company explained in a statement that their decision to halt production was driven purely by commercial reasons, citing a surplus of updated COVID vaccines. However, it is worth noting that several months ago, AstraZeneca admitted in court that their COVID shots could potentially lead to life-threatening side effects, such as blood clots.

▪️The UK government has a legal agreement with AstraZeneca, in which they have agreed to bear the financial costs associated with any lawsuits or compensation payments to the company. This means that any payments to the victims will be made from the British budget, rather than by the pharmaceutical giant itself. According to lawyers, the potential amount could exceed £250 million if the case is won.

▪️ Ultimately, the Sunak government will have to shell out compensation if AstraZeneca loses the lawsuit. The ratings of the British PM, his government, and the ruling Conservative Party have already plummeted to a 46-year record low.
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According to the UK media, a total of 158 people have been affected by Vaxzevria/Oxford-AstraZeneca, each of whom has already been received £120,000.