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US to Pay Nearly $2 Billion for COVID-19 Vaccine Under Development

VOA News

   The U.S. government will pay $1.95 billion to American drug maker
   Pfizer and German biotech company BioNTech SE for 100 million doses of
   a COVID-19 vaccine, if it proves to be safe and effective.

   The companies said Wednesday they finalized a deal with the U.S.
   Department of Health and Human Services and the Defense Department to
   supply the agencies with a vaccine they are developing jointly, the
   latest in a number of comparable agreements with other vaccine
   companies.

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