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The US is now among the countries that are leading in vaccination efforts for its residents. As part of President Joe Biden’s plan to vaccinate more people all over the world, the US is set to purchase 500 million COVID-19 vaccine doses from Pfizer.
The US is set to purchase 500 million COVID-19 vaccine doses from Pfizer as part of Biden’s plan to distribute COVID-19 vaccines to the rest of the world. Biden will announce the initiative during the G7 Summit in the United Kingdom and the US will pay for the vaccines at cost price. 200 million doses would be distributed to other countries this year, while the remaining 300 million would be distributed in the first half of 2022.
The vaccines will reportedly be donated through the global initiative Covax which will help developing countries overcome the COVID-19 pandemic. It would be going to 92 lower-income countries as well as the African Union. This initiative is also part of Biden’s plan to re-engage the US with its allies and partners, which has seen some strain during his predecessor Donald Trump’s term due to his America First policy.
Pfizer CEO Albert Boula is also expected to be present when Biden announces the initiative. This comes as Biden is now in the UK for the summit and addressed the US troops stationed at the RAF Mildenhall airbase where Air Force One landed. Biden plans to use the G7 summit, along with the upcoming NATO and EU summits to highlight renewed democratic leadership in the world.
UK Prime Minister Boris Johnson also announced Thursday that the G7 countries are set to commit to distributing one billion COVID-19 vaccines to the rest of the world. While 500 million are coming from the US, the UK will be distributing 100 million. Johnson’s announcement follows Biden’s announcement regarding the 500 million doses.
“We’re going to help lead the world out of this pandemic working alongside our global partners,” said Biden.
“At the G7 Summit, I hope my fellow leaders will make similar pledges so that, together, we can vaccinate the world by the end of next year and build back better from coronavirus,” said the UK Prime Minister.
