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IPFS News Link • Vaccines and Vaccinations

Pfizer Demands Nations Put Up Collateral to Cover Vaccine Injury Lawsuits

• By Dr. Joseph Mercola

Story at-a-glance:

Pfizer is demanding countries put up sovereign assets, including bank reserves, military bases and embassy buildings, as collateral for expected vaccine injury lawsuits resulting from its COVID-19 inoculation.

Argentina and Brazil have rejected Pfizer's demands. According to legal experts, Pfizer is abusing its power.

In the U.S., vaccine makers already enjoy full indemnity against injuries occurring from the COVID-19 vaccine under the PREP Act. If you're injured, you'd have to file a compensation claim with the Countermeasures Injury Compensation Program (CICP), which is funded by U.S. taxpayers.

A significant problem with the CICP is that it's administered within the Department of Health and Human Services, which is also sponsoring the COVID-19 vaccination program. This conflict of interest makes the CICP less likely to admit fault with the vaccine.

The maximum CICP payout you can receive — even in cases of permanent disability or death — is $250,000 per person, and you first have to exhaust your private insurance policy before the CICP kicks in.

As reported by New Delhi-based World Is One News (WION), Pfizer is demanding countries put up sovereign assets as collateral for expected vaccine injury lawsuits resulting from its COVID-19 inoculation. In other words, it wants governments to guarantee the company will be compensated for any expenses resulting from injury lawsuits against it.


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