Connect with us
deals book
Advertisement
Polaris bank
Advertisement
Oando
Advertisement
Alpha
Advertisement
Hotflex
Advertisement
Binance
Advertisement
Advertisement
UBA
Advertisement
Patricia
Advertisement
Access bank
Advertisement
app

Coronavirus

EU gets additional 100 million doses of Covid-19 vaccine from Pfizer/BioNTech

This brings the total number of doses to be delivered to the 27 EU members to 600 million in 2021.

Published

on

UK Approves Covid-19 Vaccine made by Pfizer/BioNTech

Pfizer Inc and BioNTech SE have announced that they would supply an additional 100 million doses of their Covid-19 vaccines to the 27 European Union member states in 2021.

This follows the decision of the European Union (EU) to exercise its option to buy an additional 100 million doses of the vaccine under its expanded purchase agreement which was signed on February 17.

“This brings the total number of doses to be delivered to the 27 EU members to 600 million in 2021,” the companies said in a statement.

According to a report from the News Agency of Nigeria (NAN), the Covid-19 vaccine, COMIRNATY, is to be produced at BioNTech’s and Pfizer’s manufacturing sites in Europe.

The companies revealed plans to deliver 250 million doses to the EU in the second quarter, a fourfold increase on the first quarter’s agreed quantity.

The Chief business and Chief commercial officer of BioNTech, Sean Marett, said, “The additional 100 million doses from this option exercise will further help to support the acceleration of the vaccination campaigns throughout the EU.

“We now intend to deliver a total of 600 million doses to the EU this year, which covers two-thirds of the EU population and represents the largest cumulative supply agreement for COMIRNATY that we have agreed to date globally.’’

In case you missed it

The Pfizer-BioNTech Covid-19 vaccine, COMIRNATY, had been granted conditional marketing authorisation by the European Medicines Agency to prevent coronavirus disease 2019 in people from 16 years of age. The European Medicines Agency’s (EMA’s) human medicines committee (CHMP) has completed its rigorous evaluation of COMIRNATY®, concluding by consensus that sufficiently robust data on the quality, safety and efficacy of the vaccine are now available.

Hotflex

The Chairman/Chief Executive Officer of Pfizer, Albert Bourla, said that they remain committed to moving as quickly and safely as possible to bring this vaccine to more people in Europe, as the deadly virus continues to wreak havoc across the continent.

He also pointed out that to date, they have met all of their supply commitments to the EU and plan to deliver 250 million doses to the European Union in Q2, a fourfold increase on Q1’s agreed quantity.

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Coronavirus

Covid-19: India variant is a global concern, spreads more easily – WHO

The B.1.617 India variant has been classified as a variant of concern at a global level.

Published

on

CBN, THE SILVER LININGS OF COVID-19

The World Health Organization (WHO) has revealed that the coronavirus variant first identified in India last year was being classified as a variant of global concern and has been found in preliminary studies to spread more easily.

The B.1.617 variant is the fourth variant to be designated as being of global concern and requiring heightened tracking and analysis after the ones that were first detected in Britain, South Africa and Brazil.

This disclosure was made by the WHO Technical Lead on Covid-19, Maria Van Kerkhove, during a briefing on Monday, May 10, 2021.

Van Kerkhove said, “We are classifying this as a variant of concern at a global level. There is some available information to suggest increased transmissibility.”

The WHO has said the predominant lineage of B.1.617 was first identified in India in December, although an earlier version was spotted in October 2020.

According to a report from Reuters, the variant has already spread to other countries, with many other nations moving to enforce restrictions or reduce the movement of passengers from India.

Van Kerkhove said more information about the variant and its three sub-lineages would be made available on Tuesday.

She said, “Even though there is increased transmissibility demonstrated by some preliminary studies, we need much more information about this virus variant and this lineage and all of the sub-lineages.’

Hotflex

The WHO Chief Scientist, Soumya Swaminathan said studies were underway in India to determine the transmissibility of the variant, the severity of the disease it causes and the response of antibodies in people who have been vaccinated.

Swaminathan said, “What we know now is that the vaccines work, the diagnostics work, the same treatments that are used for the regular virus works, so there is really no need to change any of those.’’

What you should know

The latest Covid-19 variant, dubbed B.1.617, was first found in India and then in other countries around the world although it is still unclear how dangerous it is.

The number of new coronavirus infections has continued to rise sharply in India with deaths getting close to record daily highs on Monday, increasing calls for the government of Prime Minister Narendra Modi to lock down the world’s second-most populous country.

It is too early to say whether the new variant of the virus, B.1.617, is responsible for the rapid increase in infections, but it is being treated as a possible cause.

Nigeria, yesterday announced the reintroduction of restrictions and curfew as part of measures to curb the spread of the new Indian Covid-19 variant.

Jaiz bank
Continue Reading

Business News

FG reintroduces Covid-19 restrictions, shuts bars, night clubs, reimposes curfew

The Federal Government has announced the reintroduction of Covid-19 restrictions across all 36 states and the Federal Capital Territory (FCT).

Published

on

The Federal Government has announced the reintroduction of Covid-19 restrictions across all 36 states and the Federal Capital Territory (FCT).

This follows the disturbing resurgence of the coronavirus pandemic and is also seen as part of preemptive measures to be taken to mitigate the impact of the new variants of the disease, should they be imported into the country.

The disclosure was made by the Head of Technical Secretariat of the Presidential Steering Committee (PSC) on Covid-19, Dr Muktar Mohammed while briefing the press on Monday in Abuja.

Mohammed said that this new directive is expected to take effect by midnight of Tuesday, May 11, 2021.

The reintroduction of the Covid-19 restrictions means that mass gatherings in public spaces have been restricted to 50 people at any given time, while access to government institutions would also be denied to anyone not wearing a face mask.

Mohammed said that government meetings and travels had been limited to virtual platforms, adding that the government had directed that bars and nightclubs should remain closed and the nationwide curfew would be in force until further notice.

While stating that only essential international travels would be encouraged and all existing protocols must be strictly adhered to, the PSC member, however, stated that there was no limitation to intra-state travel.

On his part, the Secretary to the Government of the Federation (SGF) who also doubles as the Chairman of PSC, Boss Mustapha, revealed that the committee had considered several pre-emptive measures to be taken to mitigate the likely impact of the variants of Covid-19, should they get imported into Nigeria.

Mustapha explained that the step became important in view of the fragile state of the nation’s health systems, the disruption to the delivery of vaccines, and the lack of compliance with the extant public health and social measures contained in the Coronavirus Disease (COVID-19) Health Protection Regulations 2021.

Continue Reading

  





Nairametrics | Company Earnings

Access our Live Feed portal for the latest company earnings as they drop.