US to pay $1.95 bn to Pfizer for producing 100 mn Covid-19 vaccine doses

The agreement allows the US government to acquire an additional 500 million doses

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Coronavirus | Coronavirus Vaccine | US government

Reuters  |  Washington 

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The United States government said on Wednesday it will pay $1.95 billion for Pfizer Inc

The United States government said on Wednesday it will pay $1.95 billion for Pfizer Inc to produce and deliver 100 million doses of its Covid-19 vaccine candidate in the United States.

The agreement allows the to acquire an additional 500 million doses, the Department of Health and Human Services and the Department of Defense said.

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First Published: Wed, July 22 2020. 18:03 IST