US to donate 500m doses of Pfizer’s Covid vaccine

SourceFinancial Times
SectorHealthcare
CountryMiddle east

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The US will purchase 500m Covid-19 vaccines made by Pfizer to donate to other countries, Joe Biden will announce on Thursday, a significant expansion of the country’s efforts to help increase inoculation rates around the world.

The Biden administration had agreed to buy 200m doses this year and 300m in the first half of next year to send to other countries, according to a person familiar with the deal, who confirmed an earlier report by The Washington Post.

The agreement marks a significant expansion of the US vaccine export drive, following criticism that the country was hoarding doses instead of helping those in need.

The White House did not comment, while Pfizer did not immediately respond to a request to do so. Biden is expected to make the announcement in the UK, ahead of the G7 summit this weekend in Cornwall.

The US has overseen one of the fastest vaccine rollouts in the world, providing...read more...