Team News Riveting
The United States (US) had planned to donate 500 million doses of vaccine to the World.
“The Biden administration is buying 500 million doses of Pfizer’s COVID vaccine to donate to the world,” an American Daily reported. It is part of the United States efforts to help vaccinate more of the global population.
According to the plan, the first 200 million doses would be distributed this year, with the subsequent 300 million shared in the first half of next year. The doses would be distributed by Covax, the World Health Organization-backed initiative to share doses around the globe, and they will be targeted at low- and middle-income countries.
Pfizer is selling the doses to the United States at a “not-for-profit” price, according to the people familiar with the deal, the newspaper said.
President Joe Biden is likely to announce the plan this week at the Group of Seven meeting in Britain, where he is expected to be joined by Pfizer CEO Albert Bourla. The deal comes amid growing calls for the United States and other rich countries to play a more substantial role in boosting the global supply of coronavirus vaccines. The White House and Pfizer declined to comment, but the president hinted he would be announcing his global plan as he boarded Air Force One to Britain on Wednesday.
“I have one, and I’ll be announcing it,” he told reporters.