Trump admin. agrees to pay Pfizer $1.95B for 100M extra vaccine doses

Extreme close-up photograph of fingers holding a tiny glass jar.

Enlarge / A nurse within the UK holds a vial of the Pfizer-BioNTech COVID-19 vaccine on December 22, 2020. (credit score: Lindsey Parnaby | AFP | Getty Pictures)

The Federal authorities has reached a cope with drugmaker Pfizer to safe a further 100 million doses of the Pfizer-BioNTech COVID-19 vaccine earlier than the top of July, the corporate stated at this time.

Beneath the phrases of the brand new settlement, the federal government pays $1.95 billion for the extra doses. Of the brand new vaccine doses, 70 million are due by June 30, with the remaining 30 million to be delivered no later than July 31. The settlement additionally supplies US authorities with the choice to order as much as 400 million extra doses of the vaccine later.

Well being and Human Providers Secretary Alex Azar stated in a press release that the extra Pfizer vaccine “may give Individuals much more confidence that we are going to have sufficient provide to vaccinate each American who desires it by June 2021,” when added to the 100 million doses the US authorities has already agreed to buy from Pfizer, in addition to the just lately accredited Moderna vaccine.

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