1/1/2023 0 Comments Advance Map V 1.95![]() No vaccine has yet been developed, and it is not clear whether the Pfizer version will work. The Pfizer contract, an agreement to ensure the pharmaceutical giant has a market for its work, is the biggest splash yet by the Americans. A European-led fund-raising effort in May brought $8 billion in pledges from the world’s governments, philanthropists and leaders for coronavirus vaccine research, even with the United States sitting out the conference.Ĭhina, meantime, has militarized the effort: Researchers associated with the Academy of Military Medical Sciences have developed one of China’s leading vaccine candidates, and another Chinese firm, Sinopharm Group, announced in June that it was beginning Phase 3 trials in the United Arab Emirates. Germany recently took a 23 percent stake in a German firm, CureVac, that President Trump once tried to lure to American shores in hopes that its vaccine, if successful, would be distributed in the United States first. So far, the United States has put money into more than a half dozen efforts, hoping to build manufacturing ability for an eventual breakthrough.Įurope has a parallel effort underway. The contract is part of what the White House calls the Warp Speed project, an effort to drastically shorten the time it would take to manufacture and distribute a working vaccine. ![]() ![]() WASHINGTON - As nations around the world race to lock up coronavirus vaccines even before they are ready, the Trump administration on Wednesday made one of the largest investments yet, announcing a nearly $2 billion contract with Pfizer and a German biotechnology company for 100 million doses by December. ![]()
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