Pfizer signs $3.2 bln deal with US government for COVID vaccine doses - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

2022/06/30 03:53:00

Pfizer Inc and BioNTech said on Wednesday they had signed a $3.2 billion deal with the US government for 105 million doses of their COVID-19 vaccine for delivery as soon as late summer this year.

Pfizer Inc and BioNTech said on Wednesday they had signed a $3.2 billion deal with the US government for 105 million doses of their COVID-19 vaccine for delivery as soon as late summer this year.

Pfizer Inc and BioNTech said on Wednesday they had signed a $3.2 billion deal with the US government for 105 million doses of their COVID-19 vaccine for delivery as soon as late summer this year.

COVID-19 vaccine makers, including Pfizer, have been developing vaccines to target the Omicron variant that became dominant last winter, driving a massive surge in infections.The deal’s average price per dose is over $30, a more than 50% increase from the $19.50 per dose the US government paid in its initial contract with Pfizer.

Some of the adult doses included in the contract will be in single dose vials, which are more expensive to manufacture, but reduce wastage of unused shots from open vials.“As the virus evolves, this new agreement will help ensure people across the country have access to vaccines that may provide protection against current and future variants,” Pfizer Chief Executive Officer Albert Bourla said.

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