Coronavirus vaccine: US seals $2.1bn deal with drug companies for 100 million doses
Agreement comes after British government made similar order this week
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The United States has agreed a $2.1bn (£1.6bn) deal with two big pharmaceutical companies to produce 100 million doses of an experimental Covid-19 vaccine.
British pharmaceutical giant GlaxoSmithKline and French counterpart Sanofi Pasteur announced the agreement with the US government on Friday.
The deal is believed to be the largest such agreement to date, as countries start purchasing vaccine doses in the hope that one will complete trials.
The United States will pay up to $2.1bn, according to the companies in a statement, “for development including clinical trials, manufacturing, scale-up and delivery of its vaccine”.
The US government has agreed an option for the supply of an additional 500 million doses longer term as part of its Operation Warp Speed programme, which has seen The Trump administration invest more than $8bn in vaccine projects.
“The portfolio of vaccines being assembled for Operation Warp Speed increases the odds that we will have at least one safe, effective vaccine as soon as the end of this year,” US Health and Human Services Secretary Alex Azar said in a statement.
“Today’s investment supports the Sanofi and GSK adjuvanted product all the way through clinical trials and manufacturing, with the potential to bring hundreds of millions of safe and effective doses to the American people.”
The US agreement comes after the British government signed a deal for 60 million doses of the same coronavirus vaccine earlier this week, with hopes that it could be rolled out in the first half of next year.
GSK and Sanofi’s experimental vaccine is based on the existing DNA-based technology that is used to produce Sanofi’s seasonal flu vaccine, and is one of several vaccines in development.
“The global need for a vaccine to help prevent Covid-19 is massive, and no single vaccine or company will be able to meet the global demand alone,” said Thomas Triomphe, executive vice president of Sanofi Pasteur.
The companies said discussions are ongoing with the European Commission.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments