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Top line
The Trump Administration struck a deal with Pfizer to buy an additional 100 million doses of its coronavirus vaccine for $ 1.95 billion, the government announced Wednesday, and has now secured 200 million doses for $ 3.9 billion, months later. to reject the opportunity to secure a total of 600. million doses.
Pfizer and BioNTech coronavirus vaccine vials.
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Key facts
Pfizer and its partner BioNTech expect to deliver all doses by July 2021.
The government has the opportunity to buy an additional 400 million doses.
The vaccines will be produced in the US and will be free to eligible Americans.
Key Background
The Trump Administration and Pfizer have negotiated the deal for more than a month with a major hurdle being the commitments Pfizer has made with other countries that ordered large quantities, New York Times reported Tuesday citing unidentified sources. As part of the deal, the federal government would have to activate the Defense Production Act to boost production by giving the drugmaker greater access to necessary supplies, sources said. Times, although this was not specified in the Pfizer and BioNTech announcement. In July, the government and Pfizer signed the first $ 1.95 billion deal as part of the Trump Administration’s Operation Warp Speed. At the time, the government pledged to buy 100 million doses of Pfizer if its vaccine was approved, with the opportunity to acquire up to 500 million more, according to Pfizer and BioNTech. However, earlier this month, sources close to Health and Human Services said Forbes that the government had not purchased the additional doses, and that former US Food and Drug Administration Commissioner Dr. Scott Gottlieb later revealed that the administration refused to buy more doses when given the opportunity.
Tangent
Under Operation Warp Speed, the government has contracts with Johnson & Johnson, Novavax and AstraZeneca for more than 500 million doses. So far, only the Pfizer and Moderna vaccines have completed trials and the FDA has granted them emergency use authorization. The government has obtained 200 million doses of Moderna. The goal of Operation Warp Speed is to deliver 300 million doses of coronavirus vaccine to Americans.
Large number
100 million. That’s the number of people that 200 million doses will be enough to inoculate because Pfizer’s vaccine requires two doses.
Other readings
The United States has ordered enough Covid-19 vaccine from Pfizer for 50 million people, but that’s it (Forbes)
The FDA authorizes the Covid-19 vaccine from Pfizer and BioNTech for use in the United States (Forbes)
Pfizer board member Gottlieb confirms that the Trump administration rejected ‘multiple’ offers for more doses of vaccines (Forbes)
Pfizer is closing in on a deal with the Trump administration to provide more doses of vaccines (New York Times)
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