U.S. Will Pay $1.95 Billion for 100 Million Doses of Coronavirus Vaccine Doses

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by Thomas Catenacci


The federal government pledged $1.95 billion for an order of 100 million doses, with an option to acquire an additional 500 million doses of a coronavirus vaccine, which is set to enter key large-scale trials in the coming weeks.

American pharmaceutical company Pfizer and German partner BioNTech announced the deal in a press release Wednesday. The companies are on track to produce 100 million doses by the end of the year and potentially 1.3 billion doses by 2022.

“We’ve been committed to making the impossible possible by working tirelessly to develop and produce in record time a safe and effective vaccine to help bring an end to this global health crisis,” said Dr. Albert Bourla, Pfizer’s chairman and CEO.

The companies expect large-scale phase 3 trials of the vaccine with up to 30,000 volunteers to begin by the end of the month, according to the press release. Phase 3 trials are one of the final speed bumps before a drug is approved.

Americans would be able to receive the vaccine free of charge, the press release said. The Trump administration promised in June that the coronavirus vaccine would be provided without cost to Americans who can’t afford it, CNBC reported.

Democratic Rep. Jan Schakowsky of Illinois grilled representatives from several pharmaceutical companies, including Pfizer, who are developing coronavirus vaccines Tuesday on if they would profit from a potential vaccine, Barron’s reported. She stated that Pfizer would seek to profit on its vaccine.

“Ensuring the safety and efficacy of Covid-19 vaccine, of course, is critical, but it will mean nothing if price is a barrier to all American getting it,” Schakowsky said, according to Barron’s.

The Pfizer and BioNTech vaccine isn’t the only drug in trial that is being produced before approval, according to Dr. Francis Collins, director of the National Institutes of Health.

“There is this investment in manufacturing tens of millions of doses of these vaccines, even before we know if they’re going to work, to prevent long delay at the end,” Collins told Intelligencer on July 1.

He added, “It would be really sad if we were celebrating in December, saying, ‘Hey, we’ve got a vaccine that works,’ and there were no doses left to offer to the people who need it.”

The U.S. government has also awarded federal funds to pharmaceutical companies Novavax, Moderna, AstraZeneca and Johnson & Johnson as part of the U.S. Department of Health and Human Services’ (HHS) Operation Warp Speed, according to CNN.

Pfizer and BioNTech received fast track designation from the federal government, the companies announced last Monday. A fast track designation is a process designed to expedite the development of important drugs, according to the U.S. Food and Drug Administration.

“Expanding Operation Warp Speed’s diverse portfolio by adding a vaccine from Pfizer and BioNTech increases the odds that we will have a safe, effective vaccine as soon as the end of this year,” said HHS Secretary Alex Azar, according to Wednesday’s press release.

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Thomas Catenacci is a reporter for the Daily Caller News Foundation.







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3 Thoughts to “U.S. Will Pay $1.95 Billion for 100 Million Doses of Coronavirus Vaccine Doses”

  1. Sim

    Who does the government expect to take this vaccine,
    After all the lies about a Pandemic that doesn’t exist according to the Statistics,
    Fauci ties with the Wuhan Lab and Bill Gates vaccine killing and injuring thousands in Inda,
    Kenya testing his vaccines and finding them lace with foreign antigens.
    Gates Offering Nigeria 10 million to pass a mandatory vaccination law.
    and Gates bragging about vaccines being the way to reduce the world’s population,


    Certainly not me or any member of my family, especially the little ones.

    Anyone who tries to force and I will become more deadly than the virus.

    When I joined the Military I swore an oath to protect this Country, this Constitution from people like the Democrats. BLM, Joe Biden, Bill Gates, Fauci and all the others.

    And If I could find a few good men, we’d start cleaning house today.

  2. John

    According to Robert F Kennedy Jr., Fauci owns the patent for a certain type of vaccine which packages the virus in a protein sheet….aka a delivery system. Gates has also, allegedly, invested heavily in that patent. Kennedy goes on to say that Fauci and Gates will get 50% of the royalties from this vaccine.

    Now all this mask/no mask, stay inside and other conflicting nonsense is starting to make sense.

  3. Kevin

    How much you wanna bet that Al Gore, Bill Clinton or Joe Biden have huge stock holding in Pfizer! Classic create the crisis and then offer the solution, and make a boatload of money on it.

    And by the way, what’s the efficacy of the current “flu vaccine”? The CDC has never posted a rate above 50%. And yet, watch, it will be “mandated” that you either get the vaccine, or you have to stay locked at home! Oh, and if you go out, don’t forget your papers!