The US government just spent $2.1 billion on its biggest coronavirus vaccine contract yet

[Jacob Siegal]

• The US government invested $2.1 billion in the development and delivery of 100 million doses of the vaccine candidate from Sanofi and GlaxoSmithKline on Friday.
• This is the second multi-billion dollar contract the US has made this month, following a $1.95 billion contract with Pfizer and BioNTech just over a week ago.
• The Trump administration's Operation Warp Speed "aims to deliver 300 million doses of a safe, effective vaccine for COVID-19 by January 2021."

In all likelihood, there will be more than one vaccine for the novel coronavirus available within the next few months, and the United States is casting a wide net to ensure that it has plenty of doses, regardless of which company is first to market. On Friday, Sanofi and GlaxoSmithKline announced that the US government would invest up to $2.1 billion for the development and delivery of 100 million doses of its COVID-19 vaccine.

The two pharmaceutical companies say that more than half of the $2.1 billion will support the development of the vaccine, including clinical trials, and the remainder of the investment will go to the manufacturing and delivery of the initial 100 million doses. As part of the deal, the US government also has the option to order an additional 500 million doses in the long term as the country attempts to innoculate every citizen it possibly can.

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The US government just spent $2.1 billion on its biggest coronavirus vaccine contract yet originally appeared on BGR.com on Fri, 31 Jul 2020 at 15:02:39 EDT. Please see our terms for use of feeds.

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