The U.S. government will pay Pfizer Inc. nearly $2 billion for 100 million additional doses of its COVID-19 vaccine to bolster its supply as the country grapples with a nationwide spike in infections.
Under the new agreement, Pfizer will deliver at least 70 million doses by June 30 and the rest no later than July 31, the company said Wednesday, bringing the total number of doses to 200 million for a total price of about $4 billion.
The purchase price amounts to $19.50 per shot and is slightly higher than the $18.90 per dose that Reuters has reported the European Union (EU) has agreed to pay. The shot has been authorized for use in EU and the United States.
The U.S. deal come…
Keep on reading: Pfizer, US strike 100 million COVID-19 vaccine deal