Wednesday, 22 July 2020

US agrees to pay Pfizer $2bn for Covid-19 vaccine doses by end of year

Pharmaceutical company to deliver 100m doses of vaccine but US could buy another 500m under agreement, Alex Azar said The Trump administration will pay Pfizer nearly $2bn for a December delivery of 100m doses of a Covid-19 vaccine the pharmaceutical company is developing, the health and human services (HHS) secretary, Alex Azar, announced on Wednesday. There is no approved vaccine for Covid-19, but the government has provided financial support for five vaccine candidates. The agreement is part of a plan to ramp up manufacturing in the event a vaccine is approved. The US could buy another 500m doses under the agreement, Azar said. Continue reading...
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