Around S$140 million worth of COVID-19 vaccines have expired. Health Minister Ong Ye Kung described this as ‘insurance premium’, the price that Singapore is prepared to pay to stave of catastrophic consequences.
The PAP Government realised early on during the pandemic, that vaccines were our safe exit from the pandemic. They decided to act early to place their bets on a number of vaccines that were still being developed.
The choice of vaccines had to be made against insufficient information since it was not clear which vaccines would work. Hence, there was deliberate over-procurement to ensure that if one does not work, there will be enough doses from another to cover the whole population. This is why we have expired vaccines.
Memories are short.
Please don't forget!
We didn't wait.
Money can be earned back...
Indeed, lives are more valuable than money. That we have expired vaccines means we are lucky.
Singapore, in wanting to assure a steady vaccine supply for everyone eligible, invested heavily in advance purchase agreements with vaccine producers in 2020, even before manufacturers like Pfizer-BioNTech and Moderna had completed their Phase 3 clinical trials.
“As part of a team attempting to understand the dynamics of epidemics, I can attest that predicting vaccine needs is what policy literature calls a ‘wicked problem’, not only because it is complex, but because the requirements for a solution are incomplete, contradictory and difficult to recognise.
Estimating the number of doses needed to avoid catastrophe will always involve planning for the worst plausible situation. Wastage may not reflect poor planning, it may mean that we were lucky to have avoided worse.”