Healthcare & Pharmaceuticals

EU seeks huge fine for AstraZeneca vaccine delays

1 minute read

BRUSSELS, May 26 (Reuters) - A lawyer for the European Union asked a Brussels court on Wednesday to impose a large fine on AstraZeneca (AZN.L) for its delays in delivering COVID-19 vaccines to the EU.

The lawyer said the EU was seeking 10 euros for each day of delay for each dose as compensation for AstraZeneca's non-compliance with the EU contract.

The lawyer said the EU was also seeking 10 million euros as penalties for AstraZeneca for each breach of the contract that the judge may decide.

A verdict is expected next month

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Reporting by Francesco Guarascio

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