logo
Plus   Neg
Share
Email

Pfizer, BioNTech Enter Contract Negotiations With EU To Supply SARS-CoV-2 Vaccine

Pfizer (PFE) and BioNTech SE (BNTX) said they had concluded exploratory talks with the European Commission for a proposed supply of 200 million doses of investigational vaccine against SARS-CoV-2 to EU Member States, with an option for further 100 million doses. The companies will now enter into contract negotiations with the European Commission. Deliveries would be starting by the end of 2020, the companies noted.

Albert Bourla, CEO, Pfizer, said: "We have activated our supply chain, most importantly our site in Belgium, and are starting to manufacture so that our vaccine would be available as soon as possible, if our clinical trials prove successful and regulatory
approval is granted."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Eli Lilly and Co. (LLY) will end a phase III clinical trial for its COVID-19 antibody treatment in the U.S., due to insufficient evidence on improved clinical outcomes. Orca Bay Foods, LLC recalled about 4,450 pounds of Trader Joe's brand Gluten Free Battered Halibut products for undeclared wheat and milk allergens, according to a statement published by the U.S. Food and Drug Administration (FDA). The action was initiated after it was discovered that product containing Wheat and Milk was distributed in packaging. Lee Kun-hee, the Chairman of South Korean conglomerate Samsung Group, has died on October 25, at the age of 78. It was he who transformed Samsung into a South Korean behemoth, and the world's largest manufacturer of smartphones, televisions, and semiconductors. As per reports, Lee's only son Jae-yong, who currently serves as vice chairman of Samsung Electronics, is likely to take over Samsung.
Follow RTT