Coronavirus

Donald Trump Declares $1.5 Billion Vaccine Contract For 100 Million Doses

By
OB Bureau

Washington: A $1.5 billion contract with US biotech company Moderna was announced by the US President Donald Trump on Tuesday. This contract — the sixth such deal since May — is for 100 million doses of the eventual COVID-19 vaccine.

“I’m pleased to announce that we have reached an agreement with Moderna to manufacture and deliver 100 million doses of their coronavirus vaccine candidate,” Trump said at a news conference at the White House. “The federal government will own these vaccine doses, we’re buying them,” the president said.

“We’re on track to rapidly produce 100 million doses as soon as the vaccine is approved, and up to 500 million shortly thereafter, so we’ll have 600 million doses,” Trump added.

Moderna, in collaboration with the US National Institutes of Health (NIH), is in Phase 3 of the clinical trials of a vaccine candidate. The manufacturing of doses of vaccine will take place while the trials are underway.

OB Bureau

Recent Posts

Thalassemia & Sickle Cell Patients Stage Dharna For Blood Transfusion Centre At MKCG Hospital In Odisha’s Berhampur

Berhampur: Hundreds of thalassemia and sickle cell patients on Tuesday staged a demonstration demanding a…

November 26, 2024

Samantha Ruth Prabhu Was Labelled ‘Second Hand’, ‘Used’ After Divorce With Naga Chaitanya

Mumbai: Actress Samantha Ruth Prabhu and her ex-husband actor Naga Chaitanya have moved on after…

November 26, 2024

Amid Divorce Rumours, Aishwarya Asks Women To Never Compromise On Their Worth [Watch]

Mumbai: Amidst rumours of their divorce, Bollywood queen Aishwarya Rai asked women to stand up…

November 26, 2024

Prime Minister Modi To Participate In Roadshow On Arrival In Bhubaneswar

Bhubaneswar: Prime Minister Narendra Modi will participate in a roadshow on his arrival at Bhubaneswar…

November 26, 2024

How Custody Battle With Elon Musk Left His Ex-Girlfriend Grimes ‘Bankrupt’

New York: Elon Musk, father of 12 children with different partners, has led an eventful…

November 26, 2024

Vigilance Apprehends College Principal While Taking Rs 1 Lakh Bribe In Odisha’s Nayagarh

Bhubaneswar: Vigilance has apprehended a college principal while taking a bribe of Rs 1 lakh…

November 26, 2024

FIR Against ‘Pushpa 2’ Actor Shri Tej For Cheating & Exploiting Woman

Mumbai: Ahead of the release of Allu Arjun's highly-anticipated ‘Pushpa: The Rule’, one of the…

November 26, 2024

Odisha Govt Rejects IAS Officer Sujata Karthikeyan’s Leave Extension Application

Bhubaneswar: The Odisha government has rejected the application of IAS officer Sujata R Karthikeyan for…

November 26, 2024