Skip to main content

Market Overview

US To Donate Additional 500M Pfizer-BioNTech COVID-19 Vaccine Doses To Lower Income Nations

US To Donate Additional 500M Pfizer-BioNTech COVID-19 Vaccine Doses To Lower Income Nations
  • Pfizer Inc (NYSE: PFE) and BioNTech SE (NASDAQ: BNTX) will provide the U.S. government additional 500 million doses of its COVID-19 vaccine.
  • The doses at a not-for-profit price will be used for donations to low- and lower-middle-income countries and the organizations that support them. 
  • The expanded agreement brings the total number of doses to be supplied to the U.S. government for donation to these countries to one billion.
  • Related Link: Cashing COVID-19 Vaccine - AstraZeneca Or Pfizer.
  • Deliveries of the initial 500 million doses began in August 2021, and a total of one billion doses under the expanded agreement are expected to be delivered by the end of September 2022. 
  • The current plan is to produce these doses in Pfizer's U.S. facilities in Kalamazoo, MI, Andover, MA, Chesterfield, MO, and McPherson, KS.
  • Overall, Pfizer and BioNTech have shipped more than 1.5 billion COVID-19 vaccine doses worldwide. 
  • Citing sources familiar with the issue, Reuters reported that the government would pay some $7 per dose.
  • In June, the Biden administration agreed to buy and donate 500 million doses of the vaccine. Under the terms of that contract, the U.S. will pay Pfizer and BioNTech around $3.5 billion or $7/dose.
  • Price Action: PFE stock is up 0.27% at $44.04, and BNTX stock is up 0.10% at $341.7 during the premarket session on the last check Wednesday.
  • Image by torstensimon from Pixabay

Related Articles (PFE + BNTX)

View Comments and Join the Discussion!

Posted-In: Briefs COVID-19 CoronavirusBiotech Government News Health Care Offerings General Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at