Pfizer & BioNTech To Recieve $1.95 Million From U.S. Government For 100 Million Doses of COVID-19 Vaccine

Pfizer

(c) Reuters

The U.S. has struck a deal with Pfizer and German firm BioNTech to make 100 million Coronavirus vaccine doses and will be paid $1.95 Million.

With the agreement, both companies are also jointly working to produce four additional vaccines that can help the U.S. acquire an extra 500 million doses of the vaccine.

As long as one of the vaccines are proven to be safe, they will be "available to Americans at no cost" according to the United States Department of Health and Human Services. 

Shares in both Pfizer and BioNTech rose by 3 percent when the market opened this morning.

Facebook   |   Instagram   |   Twitter   |  YouTube

(c) 2020. TheBingeStop.  All Rights Reserved. 

#TheBingeStopBlogspotCom

#TheBingeStopNewsJuly22nd2020