UK government invests $18 million in Scottish vaccine site
4 years, 5 months ago

UK government invests $18 million in Scottish vaccine site

Live Mint  

The UK agreed to invest in a Scottish factory that will make French biotech firm Valneva SE’s Covid-19 vaccine, in a move to secure domestic production of the shot. The deal, announced in a statement Wednesday, comes two weeks after the U.K. secured 60 million doses of the potential vaccine from the French company, and a further 40 million if the product proves safe and effective. Britain has reached deals for at least 250 million doses from four different vaccine developers in recent weeks, giving the country one of the highest number of Covid-19 vaccine doses per capita globally. Valneva’s shot, which uses manufacturing technology developed for its jab for Japanese encephalitis, will enter clinical studies by year-end.

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History of this topic

AstraZeneca pulls its COVID-19 vaccine from the European market
8 months ago

AstraZeneca pulls its COVID-19 vaccine from the European market

Associated Press  

LONDON — The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulled, according to the EU medicines regulator. In an update on the European Medicines Agency’s website Wednesday, the regulator said that the approval for AstraZeneca’s Vaxzevria had been withdrawn “at the request of the marketing authorization holder.” AstraZeneca’s COVID-19 vaccine was first given …

Now you'll be able to pay for a Covid vaccine privately! Chemists will sell top-up jabs to anyone for £45 under major shake-up of roll-out scheme
11 months, 1 week ago

Now you'll be able to pay for a Covid vaccine privately! Chemists will sell top-up jabs to anyone for £45 under major shake-up of roll-out scheme

Daily Mail  

Chemists will start offering Covid vaccines privately, with Brits able to buy them for as little as £45 within weeks. Although Pharmadoctor said it will expand its catalogue 'as more vaccines become licensed for the private market' Uptake for the autumn booster roll-out stood at around 68.8 per cent. A 2022 study led by academics at Imperial College London suggests …

EU countries destroyed €4 billion worth of Covid-19 vaccines, reveals research
1 year ago

EU countries destroyed €4 billion worth of Covid-19 vaccines, reveals research

Firstpost  

Governments, including the EU’s second-most populous country France, have been reluctant to reveal the scale of the waste, but it is certain that most EU nations have resorted to wasting doses of the Covid-19 vaccine, once a much sought after commodity Nearly 215 million doses of Covid-19 vaccines purchased by EU countries at the height of the pandemic have since …

Axed Covid vaccine contract cost taxpayers £358m
1 year, 6 months ago

Axed Covid vaccine contract cost taxpayers £358m

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A biotechnology company which had its contract to make Covid …

Biological E, Bharat Biotech Together Sitting on Stockpile of 250 Million Covid Vaccine Doses
2 years ago

Biological E, Bharat Biotech Together Sitting on Stockpile of 250 Million Covid Vaccine Doses

News 18  

Two major vaccine makers from Hyderabad, Biological E Ltd and Bharat Biotech, together are holding about 250 million doses of Covid-19 vaccines ready to dispatch as and when orders are received. According to respective company sources, Biological E is holding 200 million doses of its Covid-19 vaccine Corbevax while Bharat Biotech is sitting on a stockpile of 50 million doses …

GAVI financing to allow for immediate funds for next pandemic
2 years, 3 months ago

GAVI financing to allow for immediate funds for next pandemic

Live Mint  

Global vaccine alliance GAVI has set up financial instruments that will allow the group to immediately access pledged donor funding if it needs to buy vaccines for future pandemics, Chief Executive Seth Berkley told Reuters. Berkley said that in 2020 and 2021, GAVI was limited in its ability to buy COVID-19 vaccines because even though donors had committed $2.4 billion, …

U.S. buys 105 million COVID vaccine doses for fall campaign
2 years, 6 months ago

U.S. buys 105 million COVID vaccine doses for fall campaign

LA Times  

Vials of the Pfizer-BioNTech Comirnaty vaccine are lined up at a mass vaccination center. U.S. health officials said Wednesday they have agreed to purchase an additional 105 million doses of Pfizer and BioNTech’s Comirnaty COVID-19 vaccine in anticipation of a fall booster campaign. The $3.2-billion deal announced by the Biden administration comes as federal scientists consider how to update the …

Pfizer to offer low-cost medicines, vaccines to poor nations
2 years, 7 months ago

Pfizer to offer low-cost medicines, vaccines to poor nations

Associated Press  

Pfizer said Wednesday that it will provide nearly two dozen products, including its top-selling COVID-19 vaccine and treatment, at not-for-profit prices in some of the world’s poorest countries. The drugmaker announced the program at the World Economic Forum’s annual gathering in Davos, Switzerland, and said it was aimed at improving health equity in 45 lower-income countries. “What we discovered through …

UK clears 6th Covid vaccine despite cancelling deal for doses
2 years, 8 months ago

UK clears 6th Covid vaccine despite cancelling deal for doses

India Today  

British authorities have authorized a coronavirus vaccine for adults made by French drugmaker Valneva, despite the government's decision last year to cancel an order for at least 100 million doses. Britain's medicines regulator said Thursday that the two-dose vaccine is intended for adults ages 18 to 50, with the second dose given about a month after the first. FULL CORONAVIRUS …

Japanese encephalitis vaccine trial could stretch limited stock, reduce cost
2 years, 9 months ago

Japanese encephalitis vaccine trial could stretch limited stock, reduce cost

ABC  

As cases of Japanese encephalitis virus spread in Australia, there are concerns the high cost of the vaccine is putting some people off getting the jab. Key points: The virus has infected animals in dozens of Australian piggeries The trial could bring the price of a jab down to about $80 Three people have died so far from 33 confirmed …

Rich countries getting new COVID vaccine before poorer ones despite U.N.-backed initiative
2 years, 9 months ago

Rich countries getting new COVID vaccine before poorer ones despite U.N.-backed initiative

LA Times  

A worker moves boxes carrying Novavax’s COVID-19 vaccine at SK Bioscience Co. in Andong, South Korea, on Feb. 9. Novavax, the company behind a COVID-19 vaccine touted as a key tool for the developing world, will miss a target for giving doses to a U.N.-backed effort to supply shots to poorer countries. The company behind a COVID-19 vaccine touted as …

Rich Countries Getting New COVID Vaccine Before Poorer Ones
2 years, 9 months ago

Rich Countries Getting New COVID Vaccine Before Poorer Ones

Huff Post  

FILE - A worker moves boxes carrying Novavax's COVID-19 vaccine at SK Bioscience Co. in Andong, South Korea, on Feb. 9, 2022. via Associated Press NEW DELHI — The company behind a COVID-19 vaccine touted as a key tool for the developing world has sent tens of millions of doses to wealthy nations but provided none yet to the U.N.-backed …

Rich countries getting new COVID vaccine before poorer ones
2 years, 9 months ago

Rich countries getting new COVID vaccine before poorer ones

Associated Press  

NEW DELHI — The company behind a COVID-19 vaccine touted as a key tool for the developing world has sent tens of millions of doses to wealthy nations but provided none yet to the U.N.-backed effort to supply poorer countries, a sign that inequity persists in the global response to the pandemic. The company, Novavax, got $388 million from one …

UK pledges £160m to help accelerate vaccine development
2 years, 10 months ago

UK pledges £160m to help accelerate vaccine development

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Foreign Secretary Liz Truss said: …

Panel pitches full market nod for Covaxin, Covishield
2 years, 11 months ago

Panel pitches full market nod for Covaxin, Covishield

Hindustan Times  

The subject expert panel of the national drugs regulator on Wednesday recommended full market authorisation for both Covaxin and Covishield under certain conditions, according to people familiar with the developments. Serum Institute of India and Bharat Biotech International Ltd, manufacturers of Covishield and Covaxin respectively, separately applied to the central drugs standard control organisation to seek full market authorisation stating …

EU approves 5th COVID-19 vaccine, by Novavax
3 years ago

EU approves 5th COVID-19 vaccine, by Novavax

LA Times  

The EU’s drug regulator, European Medicines Agency in Amsterdam, concluded that the vaccine is safe and effective. The European Union’s executive branch on Monday authorized a fifth COVID-19 vaccine for use in the 27-nation bloc, giving the green light to the two-dose vaccine made by U.S. biotech company Novavax. “At a time where the Omicron variant is rapidly spreading, and …

Awaiting Govt Nod on Exports, Won't Rush Vaccine for Kids: Adar Poonawalla - News18
3 years, 2 months ago

Awaiting Govt Nod on Exports, Won't Rush Vaccine for Kids: Adar Poonawalla - News18

News 18  

Pune-based Serum Institute of India could export 2 to 3 crore Covid-19 vaccine doses to WHO-backed COVAX by November and December, the company’s chief Adar Poonawalla told News18.com. The manufacturer of Covishield, the vaccine which became the backbone of India’s vaccination drive against Covid-19, SII has boosted its production capacity to 22 crore doses per month. “That said, based on …

Quad partnership on track to produce at least a billion vaccine doses in India by 2022: Joe Biden
3 years, 3 months ago

Quad partnership on track to produce at least a billion vaccine doses in India by 2022: Joe Biden

India TV News  

The Quad partnership is on track to produce at least a billion vaccine doses in India by 2022, US President Joe Biden said on Wednesday, asserting that nothing is more urgent than working together to defeat COVID-19 so the world is much better prepared for future pandemics. The United States and its international partners are working quickly to scale up …

Covax misses its 2021 delivery target — what’s gone wrong in the fight against vaccine nationalism?
3 years, 3 months ago

Covax misses its 2021 delivery target — what’s gone wrong in the fight against vaccine nationalism?

The Hindu  

The latest supply forecast for Covax — the programme for sharing COVID-19 vaccines around the world — suggests that accelerating vaccination in low-income countries looks unlikely. Covax estimates it will have distributed 1.425 billion vaccine doses by the end of 2021, significantly less than the 2 billion doses it was aiming for earlier this year. Only 280.5 million COVID-19 vaccine …

UK minister: Regulator concern sank deal for Valneva shot
3 years, 3 months ago

UK minister: Regulator concern sank deal for Valneva shot

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The U.K. government canceled an …

Rich countries to have 1.2bn surplus COVID vaccine doses
3 years, 4 months ago

Rich countries to have 1.2bn surplus COVID vaccine doses

Al Jazeera  

By end of 2021, rich countries will have 1.2 billion doses of vaccine shots not earmarked for donations. Wealthy countries could potentially have a surplus of more than one billion COVID-19 vaccine doses available by the end of the year that are not designated as donations to poorer nations, according to a new analysis Vaccine stock in Western countries has …

EU to return millions of doses of J&J’s Covid-19 vaccine imported from Africa
3 years, 4 months ago

EU to return millions of doses of J&J’s Covid-19 vaccine imported from Africa

Live Mint  

The European Union will return to Africa millions of doses of Johnson & Johnson’s Covid-19 vaccine that it received from a plant in South Africa, following criticism by health activists that the bloc was taking away shots from a continent that has the lowest immunization rate in the world. Strive Masiyiwa, who heads the African Union’s Vaccine Acquisition Task Team, …

What is being done to distribute COVID-19 vaccines globally?
3 years, 4 months ago

What is being done to distribute COVID-19 vaccines globally?

Associated Press  

LONDON — What is being done to distribute COVID-19 vaccines globally? Several groups are working to get shots to poor countries, but they’re falling far short of what’s needed to curb outbreaks around the world. Without enough purchased vaccines, COVAX is now relying on donated shots from wealthy countries, but most of the pledged doses won’t be delivered this year. …

Call to allow developing countries to produce Covid vaccines, amid fears of new variants
3 years, 5 months ago

Call to allow developing countries to produce Covid vaccines, amid fears of new variants

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Many of the deaths we mourn today could have been …

IISc-incubated Mynvax to get funding to bring “warm” Covid vaccine to market
3 years, 5 months ago

IISc-incubated Mynvax to get funding to bring “warm” Covid vaccine to market

The Hindu  

Mynvax, a vaccine technology startup, incubated by the Society for Innovation and Development at the Indian Institute of Science, has signed an agreement to raise $4.2 million in its Series A round of financing led by Accel to bring thermotolerant Covid vaccine to the market. The company said that with the support of BIRAC, Government of India, early-stage investors and …

Africa’s vaccine crisis: It’s not all about corruption
3 years, 5 months ago

Africa’s vaccine crisis: It’s not all about corruption

Al Jazeera  

The third wave of the COVID-19 pandemic is taking its toll across the world, with many countries reporting higher than ever numbers of infections and hospitalisations. As of July 2021, only 25.3 percent of the world’s population has received at least one dose of a COVID-19 vaccine, and of the 3.4 billion doses that have been administered worldwide, only one …

WHO chief calls for vaccinating atleast 10% of population of each country by Sept to control Covid
3 years, 6 months ago

WHO chief calls for vaccinating atleast 10% of population of each country by Sept to control Covid

India Today  

Voicing concern over many countries failing to vaccinate their people, WHO chief Dr Tedros Adhanom Ghebreyesus on Thursday called for vaccinating at least 10 per cent of the population of every country by September as he emphasised that vaccination is the best way to control the pandemic and reboot the global economy. Asserting that when some countries cannot vaccinate, it's …

US Announces Allocation Plan for 55 Million Covid Vaccine Doses
3 years, 6 months ago

US Announces Allocation Plan for 55 Million Covid Vaccine Doses

News 18  

The administration of US President Joe Biden on Monday announced its plan for the next tranche of 55 million Covid vaccine doses it plans to send to countries in need. The donation will complete Washington’s initial pledge of 80 million doses from its own vaccine supply, made ahead of a vow to buy 500 million doses of Pfizer’s vaccine for …

US government purchases 200 million additional COVID-19 vaccines from Moderna
3 years, 6 months ago

US government purchases 200 million additional COVID-19 vaccines from Moderna

Daily Mail  

The U.S. government has purchased 200 million additional doses of Moderna's COVID-19 vaccine. The U.S. government has purchased an 200 more million doses of Moderna's COVID-19 vaccine, bringing the total order to 500 million. Of the new doses ordered, Moderna will deliver 110 million doses by the end of 2021 and 90 million in the first quarter of 2022 The …

US to buy 500M Pfizer vaccines to share globally
3 years, 7 months ago

US to buy 500M Pfizer vaccines to share globally

India TV News  

The US will buy 500 million more doses of the Pfizer COVID-19 vaccine to share through the global COVAX alliance for donation to 92 lower income countries and the African Union over the next year, a person familiar with the matter said Wednesday. Two hundred million doses — enough to fully protect 100 million people — would be shared this …

AP source: US to buy 500M Pfizer vaccines to share globally
3 years, 7 months ago

AP source: US to buy 500M Pfizer vaccines to share globally

Associated Press  

WASHINGTON — The U.S. will buy 500 million more doses of the Pfizer COVID-19 vaccine to share through the global COVAX alliance for donation to 92 lower income countries and the African Union over the next year, a person familiar with the matter said Wednesday. National security adviser Jake Sullivan told reporters Wednesday that Biden was committed to sharing vaccines …

US to provide 500 million COVID-19 vaccine doses to other nations
3 years, 7 months ago

US to provide 500 million COVID-19 vaccine doses to other nations

Al Jazeera  

Vaccines to be donated to 92 lower-income countries and the African Union over the next year. The Biden administration has reached an agreement with the United States vaccine makers to provide 500 million doses of COVID-19 vaccine to 100 countries over the next year. President Biden tells press as departing on first foreign trip that he has a COVID vaccine …

Evaluating Since 1 May: Govt Denies Credit to SC on Vaccine Policy
3 years, 7 months ago

Evaluating Since 1 May: Govt Denies Credit to SC on Vaccine Policy

The Quint  

In order to launch the national inoculation drive, Paul stated that the administration has placed an order to purchase 25 crore doses of Covishield and 19 crore doses of Covaxin, as well as requisitioned the purchase of 30 crore doses of Biological E's new COVID vaccine, Corbevax, which will be available by September, ANI reported. “These 44 crore doses of …

How Centre plans to vaccinate all 940 million adults against Covid-19 by December
3 years, 7 months ago

How Centre plans to vaccinate all 940 million adults against Covid-19 by December

Hindustan Times  

Along with changing its Covid-19 vaccination strategy, the central government has prepared a plan to vaccinate all 940 million people above the age of 18 by December 2021. Union health secretary Rajesh Bhushan has said 536 million vaccine doses are available for vaccination till July, while arrangements are being made to have 1336 million more doses between August-December to inoculate …

Govt Confident of Vaccinating All Adults by Dec with Estimated Supply of 187 Cr Doses: Officials
3 years, 7 months ago

Govt Confident of Vaccinating All Adults by Dec with Estimated Supply of 187 Cr Doses: Officials

News 18  

Asserting that India is on track to vaccinate its entire adult population by December, top officials on Monday said a blueprint is in place to ensure a total supply of 187.2 crore doses by the year-end that would be enough for the country’s 94 crore 18-plus population. Refuting questions raised by some critics about the government’s vaccination strategy, they said …

UK urges commitment to vaccinate the world by end of 2022
3 years, 7 months ago

UK urges commitment to vaccinate the world by end of 2022

Associated Press  

LONDON — British Prime Minister Boris Johnson will use the Group of Seven wealthy democracies’ summit next week to urge world leaders to commit to vaccinating the global population by the end of 2022. Johnson is expected to stress the importance of a global vaccination drive when he meets with fellow world leaders on Friday in Cornwall, on England’s southwestern …

How India’s COVID Vaccine Rollout Fares Amid Global Shortage & Unequal Distribution
3 years, 7 months ago

How India’s COVID Vaccine Rollout Fares Amid Global Shortage & Unequal Distribution

News 18  

Analysts have noted that given the supply constraints, many wealthy countries are still standing in queue for vaccine doses despite their purchasing power. When it comes to the fully vaccinated population, India’s performance looks relatively weaker at just 3.3 per cent of the overall population, although it is still the highest among the large low- and lower- middle-income countries. Among …

India Signs Deal with Domestic Vaccine Maker Biological-E for 300 Mn Doses
3 years, 7 months ago

India Signs Deal with Domestic Vaccine Maker Biological-E for 300 Mn Doses

News 18  

The Centre on Thursday said it has inked a deal with domestic vaccine maker Biological-E for 300 million COVID-19 vaccine doses for 15 billion rupees, the first such order for unapproved shots. Biological E., which also has a separate deal to produce about 600 million doses of Johnson & Johnson's COVID-19 shot annually, said on Tuesday it entered into a …

Britain Seeks Extra AstraZeneca Shots to Combat 'Beta' Covid-19 Variant
3 years, 7 months ago

Britain Seeks Extra AstraZeneca Shots to Combat 'Beta' Covid-19 Variant

News 18  

Britain is in talks with Oxford and AstraZeneca for additional doses of their COVID-19 vaccine that has been modified to better target the “beta” coronavirus variant first identified in South Africa, and it will fund trials of the shots. Britain has previously secured 100 million doses of the vaccine, developed at the University of Oxford and licenced to AstraZeneca, and …

Why a grand plan to vaccinate the world against covid unraveled
3 years, 7 months ago

Why a grand plan to vaccinate the world against covid unraveled

Live Mint  

This spring, American epidemiologist Seth Berkley had to break some bad news to the world’s poorest countries: millions of Covid-19 vaccine doses promised to them weren’t coming. “Dear Participant," Dr. Berkley’s office finally wrote in an April 28 email to most of the 92 developing countries counting on Covax. Dr. Berkley, the chief executive of Gavi, the Vaccine Alliance, a …

Covid-19 | Serum’s supply to COVAX hit by India’s poor planning
3 years, 7 months ago

Covid-19 | Serum’s supply to COVAX hit by India’s poor planning

The Hindu  

On August 15, 2020, Prime Minister Narendra Modi said three COVID-19 vaccines are in different stages of testing and that India is “ready with a plan for production” and has a roadmap ready to distribute the vaccines to “every Indian in the least amount of time”. On August 7, a week before Mr. Modi’s announcement, the Pune-based Serum Institute signed …

Pfizer-BioNTech Pledge 2 Billion Doses of Covid-19 Vaccines to Less Wealthy Nations
3 years, 7 months ago

Pfizer-BioNTech Pledge 2 Billion Doses of Covid-19 Vaccines to Less Wealthy Nations

News 18  

American pharmaceutical company Pfizer and German company BioNTech pledged Friday to deliver 2 billion doses of their Covid-19 vaccine to middle- and low-income countries over the next 18 months, amid international calls for more vaccine solidarity. Bourla said his company last year adopted a three-tiered pricing policy guaranteeing that low-income countries get the shots at cost and to have middle-income …

More pharma firms should be allowed to make Covid vaccine: Nitin Gadkari
3 years, 7 months ago

More pharma firms should be allowed to make Covid vaccine: Nitin Gadkari

India TV News  

Union Minister Nitin Gadkari has called for increasing the number of companies producing Covid vaccines and suggested that more pharma companies should be given the licence to manufacture vaccines to deal with the pandemic. Instead of 1, let 10 more companies be given license to manufacture vaccine.Let them supply in the country and later if there is surplus, they may …

Biden to send additional 20 million vaccine doses abroad
3 years, 7 months ago

Biden to send additional 20 million vaccine doses abroad

Al Jazeera  

President Joe Biden will send an additional 20 million doses of US coronavirus vaccines abroad by the end of June – including, for the first time, shots approved for domestic use, sources tell Bloomberg News. President Joe Biden plans to send an additional 20 million doses of U.S. coronavirus vaccines abroad by the end of June – including, for the …

Biden boosting world vaccine sharing commitment to 80M doses
3 years, 7 months ago

Biden boosting world vaccine sharing commitment to 80M doses

India Today  

US President Joe Biden said Monday that the US will share an additional 20 million doses of Covid-19 vaccines with the world in the coming six weeks as domestic demand for shots drops and global disparities in distribution have grown more evident. It is the strong thing to do.— President Biden May 17, 2021 The announcement comes on top of …

Europe dares to reopen as 200 millionth vaccine dose delivered
3 years, 7 months ago

Europe dares to reopen as 200 millionth vaccine dose delivered

India Today  

As its vaccination drive reaches a third of adults and COVID-19 infections ease, Europe is starting to reopen cities and beaches, raising hopes that this summer's holiday season can be saved before it is too late. Exhilarated Spaniards chanting "freedom" danced in the streets as a COVID-19 curfew ended in most of the country at the weekend, while Greece reopened …

No funds granted for vaccine research, development: Govt
3 years, 7 months ago

No funds granted for vaccine research, development: Govt

Hindustan Times  

The central government has told the Supreme Court that “no governmental aid, assistance or grant” was given for the research or development of Covid-19 vaccines Covishield or Covaxin even though the former is manufactured in the country by the Serum Institute of India and the latter was indigenously developed by Bharat Biotech in the collaboration with the Indian Council of …

EU Seals Deal for Extra 1.8 Billion BioNTech-Pfizer Covid-19 Vaccine Doses
3 years, 8 months ago

EU Seals Deal for Extra 1.8 Billion BioNTech-Pfizer Covid-19 Vaccine Doses

News 18  

The EU has concluded a deal with BioNTech/Pfizer for up to 1.8 billion extra doses of their Covid-19 vaccine, European Commission chief Ursula von der Leyen said on Saturday. The contract, on top of the 600 million BioNTech/Pfizer doses the commission has already secured, aims to supply the bloc — population 450 million — with enough jabs for booster shots, …

People aged over 50 in Britain to be offered 3rd Covid vaccine shot: Report
3 years, 8 months ago

People aged over 50 in Britain to be offered 3rd Covid vaccine shot: Report

India Today  

Everyone aged over 50 in Britain will be offered a third COVID-19 vaccination jab in the autumn in an attempt to eradicate the threat from the infection entirely by Christmas, The Times newspaper reported. A total of more than 34.6 million people in Britain have been given a first dose of COVID-19 vaccine, government statistics showed on Tuesday. Britain will …

Pfizer’s posts $4.9B 1Q profit as vaccine strategy pays off
3 years, 8 months ago

Pfizer’s posts $4.9B 1Q profit as vaccine strategy pays off

Associated Press  

Selling vaccines during a pandemic has boosted Pfizer’s bottom line and proven that a strategy it embarked upon over a decade ago is now paying off handsomely. The New York-based pharmaceutical giant reported Tuesday that it earned $4.9 billion in the first three months of the year and it dramatically raised its profit forecast for all of 2021 thanks to …

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