US cutting global donations of Pfizer COVID shots as demand slows | Inquirer ºÚÁÏÉç

ºÚÁÏÉç

US cutting global donations of Pfizer COVID shots as demand slows

/ 06:06 AM September 23, 2022

FILE PHOTO: People pose with syringe with needle in front of displayed Pfizer logo in this illustration taken, December 11, 2021. REUTERS/Dado Ruvic/Illustration

FILE PHOTO: People pose with syringe with needle in front of displayed Pfizer logo in this illustration taken, December 11, 2021. REUTERS/Dado Ruvic/Illustration

NEW YORK — The United States is significantly cutting back the number of Pfizer/BioNTech COVID-19 vaccine doses it will buy for donation to poorer nations this year, Pfizer said on Thursday, citing diminished demand for the shots in those countries.

Pfizer said it agreed to reduce the number of doses it will deliver by year end to 600 million, down from the billion-dose commitment the U.S. government made a year ago.

Article continues after this advertisement

The United States will have an option to buy up to an additional 400 million shots for the program after this year.

FEATURED STORIES

The drugmaker said it would have sufficient supply to deliver the full billion doses under the U.S. commitment, but “we are seeing reduced demand in some low- and lower-middle-income countries due to barriers in administration and vaccine hesitancy.”

The U.S. Department of Health and Human Services did not immediately respond to a request for comment. The revised terms of the contract were previously reported by Bloomberg.

Article continues after this advertisement

Pfizer said it had already delivered 400 million vaccine doses in 79 countries under the U.S. government contract.

Article continues after this advertisement

The vaccine doses were donated through the COVAX program, run by the World Health Organization and GAVI global vaccine alliance, which was intended to deliver COVID-19 shots to the world’s poorer countries.

Article continues after this advertisement

The program initially struggled to acquire enough vaccine to fulfill its mission, but improved output from manufacturers has led to a glut of doses in 2022.

COVAX has been negotiating since June with vaccine manufacturers to cut or slow deliveries of 400 million to 600 million vaccine doses from its own contracts.

RELATED STORY:

US plans to move COVID vaccines, treatments to private markets in 2023

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the and acknowledge that I have read the .

EDITORS' PICK
entertainment
lifestyle
entertainment
sports
cebudailynews
technology
TAGS: Covax, Pfizer, United States

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the and acknowledge that I have read the .

© Copyright 1997-2024 ºÚÁÏÉç | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies.