Germany approves the purchase of COVID-19 vaccines until 2029
March 17, 2022, 3:54 pm

Germany approves the purchase of COVID-19 vaccines until 2029

COVID-19-Virus/Pixabay

The Xinhua reported, the German government on Wednesday approved contracts worth 2.86 billion euros (3.15 billion U.S. dollars) for the purchase of COVID-19 vaccines until 2029.

The contracts with five companies grant long-term access to production capacities in the event that the COVID-19 pandemic continues, or a new pandemic emerges, according to a joint statement from the Ministry for Economic Affairs and Climate Action (BMWK) and the Ministry of Health (BMG).

The companies, BioNTech, CureVac/GSK, Wacker/CordenPharma, Celonic and IDT, are to receive an annual standby fee to ensure that these capacities are kept available, and that vaccine production can be ramped up quickly if necessary.

Heidelberg is a town on the Neckar River in southwestern Germany. It’s known for venerable Heidelberg University, founded in the 14th century (File photo: Pixabay)

Minister for Economic Affairs and Climate Action Robert Habeck said: "We have learned the lessons from the COVID-19 pandemic and the initial vaccine shortage," adding that "we are securing vaccine production and supply for the coming years."

Germany's total COVID-19 infections exceed 10 million

Since the start of the pandemic, 196.6 million doses of COVID-19 vaccines have been delivered to vaccination centers, mobile vaccination teams, medical practices, company physicians and pharmacies in Germany.

Source: xinhua

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”