Americans would receive the vaccine for free under agreement with government
Pfizer Inc. PFE 0.52% and BioNTech SE BNTX 3.85% said Wednesday they have signed a $1.95 billion agreement with the U.S. Department of Health and Human Services and the Defense Department to secure hundreds of millions of doses of a coronavirus vaccine which Americans would receive for free.
Under the agreement, the U.S. government would receive 100 million doses of BNT162, the Covid-19 vaccine candidate jointly developed by Pfizer and BioNTech, and can acquire up to 500 million additional doses. Pfizer would make the vaccine.
The BNT162 program is based on BioNTech’s proprietary mRNA technology and supported by Pfizer’s global vaccine development and manufacturing capabilities. The BNT162 vaccine candidates are undergoing clinical studies and aren’t currently approved for distribution anywhere in the world.
The Pfizer-BioNTech vaccine development program is evaluating at least four experimental vaccines. If the studies are successful, Pfizer and BioNTech expect to seek emergency use authorization or some form of regulatory approval as early as October.
The best of the Muslim Times’ collection for war against Covid 19:
In this day and age, understanding bacteria and viruses and developing vaccines are national security issues. In my view sizable part of every country’s defense budget should be spent in these pursuits rather than making tanks and other weapons.
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For the number of cases and epidemiology in each country go to: WorldOMeters
DAILY NEW CASES AND DEATHS IN US, CDC SITE