EU seals deal with Pfizer-BioNTech for 300M doses of COVID vaccine
The 27 EU countries could buy 200 million doses, and have an option to purchase another 100 million.
The European Commission said on Wednesday it had sealed a deal with Pfizer and BioNTech for the supply of up to 300 million doses of their COVID-19 vaccine candidate.
COVID-19 VACCINE BY THE NUMBERS
The move follows Pfizer's announcement on Monday that its experimental vaccine developed with BioNTech was more than 90% effective, making them the first drugmakers to show successful interim data from a large-scale clinical trial of a coronavirus vaccine.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| PFE | PFIZER INC. | 24.97 | +0.03 | +0.11% |
| BNTX | BIONTECH SE | 107.37 | +5.23 | +5.12% |
Under the EU deal, the 27 EU countries could buy 200 million doses, and have an option to purchase another 100 million.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The EU has already signed supply deals with AstraZeneca, Sanofi and Johnson & Johnson for their experimental COVID-19 shots, and is talking with Moderna, CureVac and Novavax to secure their vaccines.