Current Events > Pfizer in pact to provide U.S. with 100 million COVID-19 vaccine doses

(+) Yeah! (+)

https://www.cbsnews.com/news/coronavirus-vaccine-pfizer-contract-health-human-services/

Pfizer said Wednesday it has signed a $1.95 billion pact to provide the U.S. government with 100 million doses of a COVID-19 vaccine. Americans will receive the vaccine for free, the pharmaceutical company said.

The deal for the vaccine, which is being developed with BioNTech, includes the right to purchase up to an additional 500 million doses, Pfizer said in a statement. Pfizer said it's on track to start the next safety and efficacy trial later this month, and is aiming to seek regulatory review as early as October. It could manufacture up to 100 million doses by the end of 2020, it added.

The deal represents the latest government effort to lock up treatments and vaccines for the disease caused by the coronavirus, which has infected about 4 million people in the U.S. and stalled the economy. It's also part of President Donald Trump's "Operation Warp Speed" vaccine program, which aims to develop multiple COVID-19 vaccines simultaneously.

COVID-19 cases are surging in states including Texas and Florida, and President Donald Trump on Tuesday warned that the situation could "get worse before it gets better."

Pfizer said it could potentially manufacturer more than 1.3 million doses by the end of 2021.

"Now those would, of course, have to be safe and effective" and be approved by the Food and Drug Administration, U.S. Department of Health and Human Services Secretary Alex Azar said on Fox News.

Nearly two dozen potential vaccines are in various stages of human testing worldwide, with a handful entering necessary late-stage testing to prove effectiveness.
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How does 1.95 billion $ equal "americans will receive the vaccine for free". Sounds like we are paying about $20 a pop.

free good tbh

Scorsese2002 posted...

"Now those would, of course, have to be safe and effective" and be approved by the Food and Drug Administration

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jeffhardyb0yz posted...

Damn maybe i should start looking at pfizer stock

when it fails human trials, then what?


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Atralis posted...

How does 1.95 billion $ equal "americans will receive the vaccine for free". Sounds like we are paying about $20 a pop.

Taxes my good man

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jeffhardyb0yz posted...

Damn maybe i should start looking at pfizer stock

Buy now and sell in Jan or Feb.

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Free eh?

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EvalAngell posted...

when it fails human trials, then what?

the stock falls. OP loses money. we get nothing.
we not a psychic but we know what will happen.

just like Mitch who fucked us. have to make some real hard choices to survive without the bonus for some americans.
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well that sounds like a good thing.

they still need to focus on stimulus and unemployment though

Last I heard there are 300 million people in the US.

So fuck the other 2/3s I guess?

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ToadallyAwesome posted...

Last I heard there are 300 million people in the US.

So fuck the other 2/3s I guess?

clearly the south will be taken careof first and trumps buddies the rich

When did we start calling a country ordering a product from a corporation a "pact"?
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