Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Pfizer to Supply U.S. With 100 Million More Vaccine Doses
Posted
December 23, 2020
Views
1,332
Likes
6
Comments
3
Engagement
0.68%
December 23, 2020
1,332
6
3
0.68%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
7:45Now PlayingPfizer Inc. and partner BioNTech SE agreed to supply an additional 100 million doses of their Covid-19 vaccine to the U.S., as the country seeks to widen its immunization program and revive its economy.
The agreement brings the total number of doses to be delivered to the U.S. to 200 million, the companies said Wednesday in a statement. The drugmaker expects to deliver all the doses to U.S. vaccine and drug accelerator Operation Warp Speed by July 31.
Countries around the world are seeking supplies of vaccine they hope will allow the reopening of schools and businesses and the resumption of travel. The U.K. has also begun administering doses of the Pfizer-BioNTech shot, and European drug authorities cleared it for use on Monday.
The U.S. has been working to expand supplies of the front-runner vaccine, in light of the drugmakers’ commitments to other countries. Earlier this month, the U.S. exercised an option to buy 100 million additional vaccine doses from Moderna Inc., doubling the number it has on order from that company to 200 million.
Like Pfizer and BioNTech’s vaccine, Moderna’s is a two-shot regimen based on new technology known as messenger RNA, but it doesn’t have to be stored at the same ultracold temperatures as the Pfizer-BioNTech shot.
In July, the U.S. had agreed to pay $1.95 billion for an initial 100 million doses from Pfizer, with an option to buy 500 million more. The U.S. will also pay $1.95 billion for the new order, according to the statement, and will provide the vaccine to Americans for free. The cost of administering the vaccines is being paid for by private insurance, government health-care programs and a Department of Health and Human Services program for the uninsured.
Pfizer shares gained 1.5% to $37.29 at 10:09 a.m. in New York on Wednesday.
Subscribe to our YouTube channel
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
