South Korea to procure more COVID-19 vaccine as cases spike
Category: #health  By Saipriya Iyer  Date: 2020-12-01
  • sharesocial_share_icon
  • Twitter
  • Facebook
  • LinkedIn

South Korea to procure more COVID-19 vaccine as cases spike

As the entire world is preparing for the second wave of coronavirus outbreak, it seems that nations worldwide are focusing on strengthening their vaccine supplies to tackle the pandemic. As per the latest news, a significant number of COVID-19 vaccines could be heading to South Korea, after the increase in the number of COVID-19 infected people raised concerns about the government’s current plans.

South Korea already announced plans to secure enough doses to vaccinate around 30 million or 60% of people in the nation; however, Democratic Party lawmakers said they would allocate more funds to procure doses for a minimum of 44 million people. Reliable sources cite that the party is planning to allocate USD 1.2 billion (1.3 trillion won) to next year’s budget.

Apparently, South Korea is battling one of its biggest waves of COVID-19 infections yet, accelerated by small outbreaks in the densely populated city of Seoul and nearby areas. As per the KDCA (Korea Disease Control and Prevention Agency), the nation recorded 438 new COVID-19 cases as of midnight Sunday, taking its total count to 34,201 cases and 526 deaths.

The nation’s current vaccine procurement plan puts it ahead of a WHO (World Health Organization) goal for the initial purchase of vaccine supplies for 20 percent of most vulnerable population and the 40 percent minimum agreed on by EU (European Union) nations, EU partners, and Britain for their population.

Korean government authorities said that they are not in a rush to purchase larger numbers of COVID-19 vaccines quickly as the nation has succeeded in keeping COVID-19 infection rates at a controllable level and will wait for some more time to see which vaccines work best. The KDCA has said in the statement that the agency does not expect to commence vaccinating the public until Q2 2021.

Source credit - https://in.reuters.com/article/heatlh-coronavirus-southkorea/south-korea-considers-more-vaccine-buys-as-coronavirus-cases-spike-idINKBN28A0IU

 

 



About Author

Saipriya Iyer

Email: [email protected]   linkdin twitter

Saipriya Iyer

Saipriya Iyer develops content for Market Size Forecasters, Algosonline, and myriad other platforms. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her bel...

More News By Saipriya Iyer

 Tabletop Tape Dispensers  market valuation to surge at healthy CAGR through 2026

Tabletop Tape Dispensers market valuation to surge at healthy CAGR through 2026

By Saipriya Iyer

A comprehensive research study on Tabletop Tape Dispensers market added by Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of Tabletop Tape D...

APAC, Europe, America region to generate massive revenues for General Well-Being Dietary Supplements market by 2026

APAC, Europe, America region to generate massive revenues for General Well-Being Dietary Supplements market by 2026

By Saipriya Iyer

MarketStudyReport.com presents latest report on global General Well-Being Dietary Supplements Market, which evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The re...

Eugenia Jambolana Extract Market to Increase Exponentially During 2027

Eugenia Jambolana Extract Market to Increase Exponentially During 2027

By Saipriya Iyer

The report Eugenia Jambolana Extract market provides high-quality information regarding the major market trends, product types and their application scope, competitive landscape, and impact of COVID-19 outbreak.

.

Request a...