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22 Sept 2021

Biden Announces 500 Million COVID Vaccine Donation

Biden Announces 500 Million COVID Vaccine Donation

The Index Today

President Joe Biden has announced a pledge to purchase additional 500 million vaccine doses for the purpose of donation to other countries. He expressed his views on making more changes to tackle the growing pandemic and encourage other world leaders to do more.

With the help of a virtual summit, the president aims to boost vaccination rates and bring in donations of 1.1 billion doses to help the rest of the world. Pfizer and BioNTech vaccines will be manufactured in the US and then shipped to underdeveloped and developing countries from January onwards. The summit will focus on increasing vaccination, supplying more medicine, and resolving the oxygen shortage faced in many countries.

According to reports, the cost per dose will come to around $7 which the government will cover entirely. The Biden Administration has agreed to donate 500 million doses and will pay Pfizer BioNTech $3.5 billion.

During the UN meeting, Secretary General Antonio Guterres displayed disappointment to world leaders over unequal distribution of vaccines and poor leadership ethics.

©Photo: NBC News