Pfizer to supply US with additional 100M doses of vaccine | National News | buffalonews.com

Under the new agreement, Pfizer and BioNTech will provide another 100 million doses of COVID-19 vaccine to the United States.

The drugmaker said on Wednesday that they expect to deliver all doses by July 31 in a nearly $2 billion transaction.

Pfizer has signed a contract to provide 100 million doses of vaccine to the government.

According to the $2 billion deal announced on Wednesday, the two companies will deliver at least 70 million additional doses of the drug by June 30, and the remaining 30 million doses will be delivered no later than July 31. The government can also choose to purchase up to another 400 million doses.

Pfizer’s vaccine is the first vaccine approved by the U.S. Food and Drug Administration (FDA), and the first batch of vaccines was delivered to the states last week. Now it is combined with a vaccine from Moderna, which was developed in close collaboration with scientists from the National Institutes of Health.

Moderna's vaccine is part of the government's own efforts, called "Warp Speed ​​Operation". The purpose of this public-private partnership is that once the injection is approved by the FDA, millions of doses of vaccine can be prepared and shipped.

The agreement with Pfizer brings the United States closer to the goal of vaccinating all Americans.

Laws dating back to the Korean War gave the government the power to direct private companies to produce important products in a state of emergency. This law, known as the National Defense Production Act, is expected to be invoked to help Pfizer obtain some of the raw materials needed for vaccines.

Pfizer has signed a contract to provide the government with 100 million doses of vaccine under the "warp speed operation", but government officials said it has a close relationship with the company and does not have much knowledge about the company's operations.

The Minister of Health and Human Services Alex Azar said last week that the government is negotiating with Pfizer for more doses, but provided details on the company’s desire to obtain better supplies on Tuesday. New.

Pfizer CEO Albert Burla said: "By adding these 100 million doses of vaccines, the United States will be able to protect more people and hope to end this devastating pandemic sooner." "We look forward to it. Continue to work with the U.S. government and healthcare providers across the country."

Pfizer’s vaccine and German pharmaceutical company BioNTech immediately raised hopes of containing the pandemic, which has killed nearly 320,000 people in the United States and severely hit the national economy. As television stations across the country began broadcasting the first vaccinations, medical staff and nursing home residents topped the list. Some opinion polls indicate that suspicion about vaccination may be easing.

After failing early tests, Trump administration officials hope to write a very different outcome from the vaccine. Operation Warp Speed ​​has funded the development, manufacture and distribution of millions of doses with the goal of providing free vaccines to anyone who wants it.

By the end of this month, the "quick action" operation is expected to have about 40 million doses of vaccine, of which about 20 million will be used for the first vaccination. The distribution of these doses will continue until the first week of January. Both Pfizer and Moderna vaccines require two injections to be fully effective.

The New York Times first reported new details of the negotiations between Pfizer and the Trump administration.

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