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Wednesday, 07/22/2020 3:47:01 PM

Wednesday, July 22, 2020 3:47:01 PM

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$39 price tag - it means we can adapt their calculation to SRNE
(Reuters) - The U.S. government will pay nearly $2 billion to buy enough of a COVID-19 vaccine being developed by Pfizer Inc <PFE.N> and German biotech BioNTech SE <22UAy.F> to innoculate 50 million people if it proves to be safe and effective, the companies said on Wednesday.

The contract for 100 million doses of the vaccine amounts to a $39 price tag for what is likely to be a two-dose course of treatment.

The contract is the most the United States has agreed to spend on a vaccine, although previous deals with other vaccine makers were intended to also help pay for development costs.

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