Friday, December 04, 2020 12:32:16 AM
For anyone who thinks Vaccines alone will put an end to the Pandemic, here is some reality!
“The Wall Street Journal, citing a person directly involved in the development, said some early batches of the raw materials needed for the vaccine failed to meet standards. Pfizer now plans to ship 50 million vaccines by the end of the year, down from the original 100 million it had hoped to send out, according to the Journal.
"There are several factors which have impacted the number of doses estimated to be available in 2020," Pfizer said in a statement. "For one, scaling up a vaccine at this pace is unprecedented, and we have made significant progress as we have moved forward in the unknown."
The company has repeatedly said publicly that it planned to ship 50 million vaccine doses this year and up to 1.3 billion doses by the end of 2021. Still, Pfizer shares fell more than 2% in intraday trading Thursday before closing down more than 1% after the report published.“
https://www.nbcnewyork.com/news/business/money-report/pfizer-shares-fall-on-report-company-cut-its-covid-vaccine-rollout-target/2759886/
“The Wall Street Journal, citing a person directly involved in the development, said some early batches of the raw materials needed for the vaccine failed to meet standards. Pfizer now plans to ship 50 million vaccines by the end of the year, down from the original 100 million it had hoped to send out, according to the Journal.
"There are several factors which have impacted the number of doses estimated to be available in 2020," Pfizer said in a statement. "For one, scaling up a vaccine at this pace is unprecedented, and we have made significant progress as we have moved forward in the unknown."
The company has repeatedly said publicly that it planned to ship 50 million vaccine doses this year and up to 1.3 billion doses by the end of 2021. Still, Pfizer shares fell more than 2% in intraday trading Thursday before closing down more than 1% after the report published.“
https://www.nbcnewyork.com/news/business/money-report/pfizer-shares-fall-on-report-company-cut-its-covid-vaccine-rollout-target/2759886/
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