The U.S. to donate 500m vaccine doses globally

The U.S. to donate 500m vaccine doses globally

Pfizer (PFE) and BioNTech (BNTX) announced to supply 500m doses of their coronavirus vaccine to the government of the U.S. Further, the U.S donate 500m vaccine doses globally, to help end the Coronavirus pandemic.

U.S government will be given these vaccines at a non-profit price by Pfizer and BioNTech. In addition, 200 million vaccines being sent this year(2021) and the remaining in 2022.  The coronavirus vaccine cost in the US is approximately $19.50 (£13.80) for one dose.

To deliver vaccines effectively and equitably, the US and the pharma companies will work with COVAX. It will be a global initiative focusing on equal access to Covid-19 vaccines.

However, It wasn’t specified by US Government which countries would benefit from this but Pfizer’s statement regarding vaccine distribution said the US will allocate Pfizer’s vaccine doses to 92 low- and lower-middle-income countries and economies.  According to the COVAX Advance Market Commitment countries like Morocco, Nepal, Cambodia, Bolivia, along with the 55 member states of the African Union will get Coronavirus Vaccine.

The U.S. to donate 500m vaccine doses

It is a part of Pfizer and BioNtech’s pledge to provide 2 Billion Covid-19 vaccine doses globally to developing countries over the next 18 months. Out of which 500m doses will be produced in Pfizer’s US facilities which are in four states including Massachusetts and Michigan.

On the basis of current predictions, Pfizer and BioNTech expect to manufacture up to 3 billion covid-19 vaccine doses before 2022.

“Covid- 19 has a greater impact on everyone and everywhere. To win this battle of ending the pandemic, we must ensure that we have the required vaccines for all. In addition, I want to thank  US president Joe Biden for his leadership in protecting the developing countries or our global neighbours,” said Albert Bourla, Pfizer CEO.

The Joe Biden administration plans to donate 500 million Pfizer vaccine doses to approximately 100 countries in 2021 and 2021 to end this pandemic, three sources familiar with the matter said in the report produced by Yahaira Jacquez.

In president – Mr Biden’s meeting with the leaders of the other group of Seven advanced Economies that is Canada, Britain, Germany, Italy, Japan and France the announcement of vaccine donation comes ahead by the largest and single country – in Cornwall, England.

“The goal of U.S. to donate 500m vaccine doses globally is to save lives and end the pandemic. In addition, we will provide the foundation for additional actions to be taken for the pandemic in the coming days,” said the White House.

The publication quoted US president Joe Biden as saying to US troops in Suffolk, England: “We are working on ending COVID-19, not just from homes, but from everywhere. With German partner, BioNTech and US drugmaker Pfizer confirmation of providing 200 million does by 2021 and the remaining 300 by 2022 is the largest plan to achieve this goal. It will also keep us safe from this pandemic and from other biological threats. Moreover, It requires all coordination and multilateral actions.”

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