Pfizer to supply U.S. with 10 million more courses of COVID-19 pills
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[January 05, 2022]
By Manojna Maddipatla and Trevor Hunnicutt
(Reuters) - The Biden administration
doubled its order for Pfizer Inc's oral COVID-19 antiviral treatment,
the company and the White House said on Tuesday, providing the
government a total of 20 million courses as it fights a record surge in
COVID-19 cases.
The White House now expects some 4 million treatment courses of the
pills to be available by the end of January and 10 million by June,
three months sooner than previously planned, according to an
administration official.
"We're getting them as soon as they come off the line," the official
said.
Details of the expanded deal, Pfizer's largest yet for the pill, were
not disclosed by the company.
For the first order of 10 million courses in November, the U.S.
government had said it would pay Pfizer $5.29 billion.
"These pills will be delivered in the coming months and have been shown
to dramatically decrease hospitalization and death from COVID-19," the
White House said on Twitter.
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Paxlovid, Pfizer's coronavirus disease (COVID-19) pill, is seen
manufactured in Ascoli, Italy, in this undated handout photo
obtained by Reuters on November 16, 2021. Pfizer/Handout via REUTERS
Pfizer's two-drug regimen called
Paxlovid, which is meant to be taken at home for five days soon
after onset of COVID symptoms, was authorized last month for people
aged 12 and older. In a clinical trial, it was nearly 90% effective
in preventing hospitalizations and deaths in patients at high risk
of severe illness.
The U.S. official said Washington could activate the Defense
Production Act or use other extraordinary powers to speed deliveries
if Pfizer encounters any production difficulties.
A rival antiviral pill from Merck & Co also won regulatory
authorization last month. The U.S. government has a deal for as many
as 5 million courses of the pill, molnupiravir, at a price of $700
per course.
(Editing by Shinjini Ganguli and Bill Berkrot)
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