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International Politics

US To Buy 500 Million Pfizer Vaccine Doses, Donate Jabs To Other Countries

The Washington Post and New York Times said that Biden will make the formal announcement at the G-7 meeting in Britain this week.

Citing people familiar with the matter, the US media on Wednesday reported that the administration of President Joe Biden is buying 500 million doses of the Pfizer-BioNTech Covid-19 vaccine to distribute among other countries.

The Washington Post and New York Times said that Biden will make the formal announcement at the G-7 meeting in Britain this week.

With rich countries having bought up the lion’s share of early supplies, this move by the US comes as it faces pressure to do more about the global vaccine shortage.

The United States has fully vaccinated more than half its entire population, with the infection rate plummeting in the country.

Before boarding Air Force One bound for Britain to meet with leaders with the Group of 7 nations, the US President hinted at the announcement.

Asked if he had a vaccine strategy for the world, he said: “I have one and I’ll be announcing it.

Biden would appear with Pfizer CEO Albert Bourla to make the announcement, The Times said.

The deal would see the US paying the “not for profit” price for the doses, with the first 200 million to ship this year and the remaining 300 million the next year.

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