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Brazil: The President sanctions law allowing private companies to purchase COVID vaccines

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In brief

The Brazilian president on 10 March 2021, sanctioned Law 14.125/2021, authorizing private companies to purchase COVID-19 vaccines approved by the health regulatory agency (ANVISA). All doses must be reverted to the public healthcare system while priority groups are being vaccinated. After the vaccination of priority groups is completed, companies will be able to purchase the vaccines for their own use (distributing them free of charge), but 50% of the shots must still be reverted to the public healthcare system.

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Leticia Ribeiro C. de Figueiredo joined the Firm in 1998, as a corporate trainee, and became partner in 2013. Until July 2003, she was primarily involved in M&A and Corporate Law, with experience in national and international M&A projects and corporate restructurings. From July 2003 on, she has been working exclusively in the Labor Law practice group.
She has a wide breadth of experience with strategic litigation cases and relevant consultancy in individual and collective matters (i.e. restructuring, equity pay, PDVs – voluntary resignation program, PLRs – participation in profits or results, alteration of compensation plans and benefits), including national and international projects. Additionally, she works with collective bargaining agreements.
*Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.

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Tricia Oliveira is a Partner from Trench, Rossi e Watanabe Advogados, Sao Paulo office.
Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.

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Priscila Kirchhoff is a Partner from Trench, Rossi e Watanabe Advogados, Sao Paulo office.
Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.

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