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Thu Nov 18, 2021, 03:34 PM

Pfizer, US ink $5.29B deal for possible COVID-19 treatment

Source: AP

By TOM MURPHY

The U.S. government will pay drugmaker Pfizer $5.29 billion for 10 million treatment courses of its potential COVID-19 treatment if regulators authorize it, the nationís largest purchase agreement yet for a coronavirus therapy.

Pfizer asked the Food and Drug Administration on Tuesday to authorize emergency use of the experimental pill, which has been shown to significantly cut the rate of hospitalizations and deaths among people with coronavirus infections.

The FDA is already reviewing a competing pill from Merck and will hold a public meeting on it later this month.

The price for Pfizerís potential treatment amounts to about $529 per course. The U.S. has already agreed to pay roughly $700 per course of Merckís drug for about 3.1 million treatments.



This image provided by Pfizer shows its COVID-19 pills. Drugmaker Pfizer said Tuesday, Nov. 16, 2021, it is submitting its experimental pill for U.S. authorization, setting the stage for a likely launch in coming weeks. (Pfizer via AP)


Read more: https://apnews.com/article/coronavirus-pandemic-business-health-f8f3b777d1685610a9293d4feedc656f

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Reply Pfizer, US ink $5.29B deal for possible COVID-19 treatment (Original post)
Omaha Steve Nov 18 OP
ananda Nov 18 #1
truthisfreedom Nov 20 #2

Response to Omaha Steve (Original post)

Thu Nov 18, 2021, 04:03 PM

1. This is such good news from both Merck and Pfizer.

Yay

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Response to Omaha Steve (Original post)

Sat Nov 20, 2021, 02:53 AM

2. $529 per pill.

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