Thu.Aug 5th , Aug 2021 12:11:17 PM
Nestle to join the bandwagon for COVID-19 vaccine distribution

One of the largest food companies-Nestle has reportedly announced foraying into the vaccine distribution arena, in an attempt to help in the fight against the COVID-19 pandemic that has spread worldwide. Reports have it that Nestle would support the financing or logistics of the vaccine rollout once the shots become more readily available.

In a statement released by Nestle’s CEO- Mark Schneider, it was mentioned that the company is looking into ways of either sponsoring the payment for the vaccine or sponsoring the way its gets applied in communities across developing nations. This initiative does not come as a surprise to many as Nestle is currently well-placed to help as the giant sells its products in more than 187 countries.

Other than Nestle, vivid drugmakers have now been stepping up to accelerate the production of vaccines as governments are insisting on increasing the capacity to ease the health crisis. In one such instance, Bayer AG had recently agreed to manufacture CureVac NV’s experimental vaccine shots, while leading biopharma firm- Sanofi and Novartis AG are tapping their production capacities in accentuating Pfizer Inc. and BioNTech SE’s injection.

It has been claimed that more than over 100 million vaccine doses have been administered till date worldwide. However, various countries have experienced unproportionate access to vaccines and fluctuating degrees of efficiencies in getting shots into people’s arms. As a matter of fact, most of the nation have not been given any shots yet.

Speaking of Nestle’s support during the pandemic crisis, it would be essential to note that the company had partnered with the International Federation of the Red Cross early in the pandemic to donate food, money, medical-nutrition products, and bottled water to some of the most affected economies.

Source Credit: https://www.bloombergquint.com/business/nestle-plans-to-help-distributing-vaccines-in-covid-19-fight

By Shreya Bhute

With corporate exposure in software and marketing, Shreya was always intrigued by content development. Having pursued her graduation in I.T. engineering, she works as a content writer for people.partilepep.com and jots down news articles across distinct domains including technology, business and healthcare.