The U.S. will pay Pfizer and biotech firm BioNTech $1.95 billion to produce and deliver 100 million doses of their Covid-19 vaccine if it proves safe and effective.
It was the largest such deal between the government and companies racing to develop a coronavirus vaccine.
If one of the vaccines proves safe and effective in a large phase three trial and receives regulatory approval, HHS said Pfizer will begin to deliver doses to locations across the U.S. at the government's direction. The vaccine would then be made available to Americans "at no cost," HHS said.and how that decision would be made.
Health officials have previously warned that one of the greatest challenges of rapidly rolling out a vaccine will be obtaining the supplies necessary to produce enough doses. That includes syringes and transport media. However, HHS Secretary Alex Azar said on CNBC's "" later Wednesday that the government has bolstered the supply chain so the companies can at least produce enough initial doses to vaccinate the U.S.
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U.S. to pay Pfizer, BioNTech $1.95 billion for millions of COVID-19 vaccine dosesPfizer Inc and German biotech firm BioNTech SE will get $1.95 billion from the U.S. government to produce and deliver 100 million doses of their COVID-19 vaccine candidate, the companies said on Wednesday.
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Britain secures 90 million possible COVID-19 vaccine doses from Pfizer/BioNTech, ValnevaBritain has signed deals to secure 90 million doses of two possible COVID-19 vaccines from an alliance of Pfizer Inc and BioNTech , and French group Valneva , the business ministry said on Monday.
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Pfizer-BioNTech potential COVID-19 vaccine shows promise in additional dataGerman biotech firm BioNTech and U.S. drugmaker Pfizer on Monday reported additional data from their experimental COVID-19 vaccine that showed it was safe and induced an immune response in patients.
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Pfizer, BioNTech Get $1.95 Billion Covid-19 Vaccine Order From U.S. GovernmentPfizer and BioNTech said they have signed a $1.95 billion agreement with the U.S. Department of Health and Human Services and the Defense Department for millions of doses of a Covid-19 vaccine which Americans would receive for free.
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U.S. To Get 100 Million Doses of Pfizer Coronavirus Vaccine In $1.95 Billion DealIf the company's vaccine candidate pans out, Americans can receive it for free, under the deal. The arrangement is part of the U.S. government's push to have a vaccine widely available by January.
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US signs contract with Pfizer for COVID-19 vaccine dosesHealth and Human Services Secretary Alex Azar says the U.S. signed a contract with Pfizer for delivery in December of the first 100 million doses of a COVID-19 vaccine the pharmaceutical company is working to develop.
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