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HomeNewsInternational NewsPfizer-BioNTech Pledge 2B Doses to Less Wealthy Nations

Pfizer-BioNTech Pledge 2B Doses to Less Wealthy Nations

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ROME (AP) — 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.

The companies, which together developed the first vaccine to be authorized for use in the United States and Europe, made the announcement at a global health summit in Rome co-hosted by the European Union’s executive arm and Italy.

Pfizer CEO Albert Bourla said they expect to provide a billion of the doses this year and another billion in 2022.

It was unclear whether the deliveries would take place through the U.N.-backed COVAX program, which aims to ensure equitable access to COVID-19 shots for low-and middle-income countries, or if countries would get the doses at a reduced price directly from the companies.

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 nations pay about half the price wealthier nations are charged.

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