Arab Press

بالشعب و للشعب
Tuesday, Feb 24, 2026

Coronavirus: ‘Germany not for sale,’ says minister after ‘US tried to buy vaccine rights’

Coronavirus: ‘Germany not for sale,’ says minister after ‘US tried to buy vaccine rights’

US allegedly offered local firm CureVac US$1 billion for exclusive rights to vaccine, according to German newspaper. Company denies receiving offer from US government and declines to give details about surprise change in CEO

Germany's economy minister has a message for the United States in a row that has emerged over coronavirus vaccine access: “Germany is not for sale.”

Minister Peter Altmaier, a close ally of Chancellor Angela Merkel, delivered the message in English on Monday in a podcast hosted by prominent German journalist Gabor Steingart.

Citing government sources in Berlin, the Sunday edition of the mass-circulation Die Welt newspaper reported that the US had offered CureVac, a private firm based in Tuebingen, 30km (19 miles) south of Stuttgart, US$1 billion for exclusive rights to a vaccine that it is developing.

“We know this company, [and] we are in touch with this company,” Altmaier said in the podcast interview, which was conducted in German.



However, CureVac denied that any offer had been made.

“CureVac has not received from the US government or related entities an offer before, during and since the Task Force meeting in the White House on March 2. CureVac rejects all allegations from [the] press,” the company said in a tweet.

A CureVac spokesperson would not give details about last week's surprise change in management, which saw Daniel Menichella replaced as chief executive by CureVac founder Ingmar Hoerr.

In early March Menichella, a US citizen, visited the White House at the invitation of President Donald Trump to discuss strategies for vaccine development, together with other pharmaceutical and biotech companies.

CureVac is currently working on a coronavirus vaccine and has received US$8.3 million in funding from the Coalition for Epidemic Preparedness Innovations (CEPI), an international alliance.

Once a suitable vaccine has been found and tested in clinical trials, CureVac intends to produce the drug itself.

According to the company spokesperson, it is not clear whether CureVac would sell the rights to the vaccine, conclude an external contract or market the drug itself.



“We are not bound by any agreements,” he said.

European Commission President Ursula von der Leyen spoke with executives from the German pharmaceutical company on Monday, writing on Twitter that the European Union would offer financial support to the firm as it had done in the past.

It is “crucial to find a vaccine that will help the whole world”, she wrote.

Despite the company's denial of any US offer, German government ministers were quick to confirm that they had been informed about the reported sum.

“German researchers are leaders in the development of medicines and vaccines, in global collaborations. We cannot allow others to exclusively acquire their research results,” Foreign Minister Heiko Maas told the newspapers of the Funke media group.

“We will only defeat this virus together, not against each other,” Maas asserted.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
GCC Secretary-General Holds Talks with EU Ambassador in Riyadh
Gulf States’ AI Investment Drive Seen as Strategic Bet on Technology and U.S. Security Ties
African Union Commission Chair Meets Saudi Vice Foreign Minister to Deepen Strategic Cooperation
President El-Sisi Holds Strategic Talks with Saudi Crown Prince in Riyadh
Lucid Unveils Up to $12,000 Incentive for Air and Gravity Models in Saudi Arabia
Saudi Arabia Enters Global AI Partnership, Expanding Its Role in International Technology Governance
Saudi Arabia’s Landmark U.S. LNG Agreement Signals Major Strategic Shift
Saudi Arabia Accelerates Global Gaming Push with Billion-Dollar Deals and Expanded PIF Mandate
Saudi Arabia Reports $25.28 Billion Budget Deficit in Fourth Quarter of 2025
Alvarez & Marsal Tax Establishes Dedicated Pillar Two and Transfer Pricing Team in Saudi Arabia
United States Approves Over Fifteen Billion Dollars in Major Arms Sales to Israel and Saudi Arabia
Pre-Iftar Walks Gain Momentum as Ramadan Wellness Trend Spreads
Middle East Jackup Rig Fleet Contracts Further After Saudi Drilling Suspensions
Türkiye and Saudi Arabia Prepare to Sign Five Gigawatt Renewable Energy Deal at COP31
King Mohammed VI Congratulates Saudi Leadership on Founding Day, Reaffirming Strategic Ties
US Envoy Huckabee Clarifies Remarks on Israel After Expansionism Controversy
Saudi Arabia Introduces Limited Exceptions to Regional Headquarters Requirement for Foreign Firms
Saudi Arabia Joins Global Partnership on Artificial Intelligence, Elevating Its Role in Shaping AI Governance
Saudi Arabia and Arab States Mobilise Diplomatically After U.S. Envoy’s Israel Remarks
Cristiano Ronaldo Reaffirms His Commitment to Saudi Arabia Amid Transfer Speculation
Proposed US-Saudi Nuclear Deal Raises Questions Over Uranium Enrichment Provisions
Saudi Arabia Sends 81st Aid Flight to Gaza as Humanitarian Air Bridge Continues
Global Games Show Riyadh 2026 Positioned as Catalyst for Saudi Arabia’s Vision 2030
Saudi Arabia Eases Procurement Rules, Allowing Foreign Firms Greater Access to Government Contracts
Türkiye and Saudi Arabia Seal Two Billion Dollar Solar Energy Agreement
Saudi Crown Prince Reportedly Sends Letter to UAE Leader Over Yemen and Sudan Policies
Saudi Arabia Voices Concerns to UAE Over Sudan Conflict and Yemen Strategy
Saudi Arabia Joins Global Artificial Intelligence Alliance to Strengthen International Collaboration
Shura Island Positioned as Flagship of Saudi Arabia’s Ambitious Red Sea Tourism Drive
Saudi Arabia Rebukes Mike Huckabee Over Remarks in Tucker Carlson Interview
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Concerns Mount Over Potential Saudi Uranium Enrichment in Prospective US Nuclear Accord
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
Investability Emerges as the Defining Test of Saudi Arabia’s Next Market Phase
Saudi Arabia’s Packaging Market Accelerates as Sustainability and E-Commerce Drive Transformation
Saudi Arabia Unveils $32 Billion Push Into Theme Parks and Global Entertainment
Saudi Crude Exports to India Climb Sharply, Closing Gap With Russia
Saudi Arabia’s Halal Cosmetics Market Expands as Faith and Ethical Beauty Drive Growth
ImmunityBio Secures Saudi Partnerships to Launch Flagship Cancer Therapy
United Kingdom Denies U.S. Access to Military Base for Potential Iran Strike
Türkiye and Saudi Arabia Launch Expanded Renewable Energy Partnership
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Mongolian Mining Family’s HK$247 Million Stanley Home Purchase Highlights Resilient Luxury Market
UK Intensifies Efforts to Secure Saudi Investment in Next-Generation Fighter Jet Programme
Saudi Arabia Tops Middle East Green Building Rankings with Record Growth in 2025
Qatar and Saudi Arabia Each Commit One Billion Dollars to President Trump’s ‘Board of Peace’ Initiative
Ramadan 2026 Prayer Times Set as Fasting Begins in Saudi Arabia and Egypt Announces Dates
Saudi Arabia Launches Ramadan 2026 Hotel Campaign to Boost Religious and Leisure Tourism
Saudi Arabia Seeks Reroute of Greece-Bound Fibre-Optic Cable Through Syria Instead of Israel
×