Pfizer To Get $1.95 bln Fund to Produce COVID-19 Vaccine for US

TEHRAN ( Iran News ) – Pfizer Inc and German biotech firm BioNTech SE will get $1.95 billion from the US government to produce and deliver 100 million doses of their COVID-19 vaccine candidate. The agreement allows the US government to acquire an additional 500 million doses, the Department of Health and Human Services, and the Department of Defense said, Reuters reported. Pfizer will deliver the doses if the product receives Emergency Use Authorization or licensure from the US Food and Drug Administration, after completing the demonstration of safety and efficacy in a large Phase 3 clinical trial.