Pfizer to sell 10 million COVID-19 treatments to US for $5.3 bn

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Pfizer to sell 10 million COVID-19 treatments to US for $5.3 bn
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Pfizer said it has reached an agreement to sell 10 million COVID-19 treatment courses to the US government for $5.3 billion.

WASHINGTON - Pfizer said on Thursday it has reached an agreement to sell 10 million COVID-19 treatment courses to the US government for $5.3 billion, pending approval from regulators.

"It is encouraging to see a growing understanding of the valuable role that oral investigational therapies may play in combatting COVID-19, and we look forward to continuing discussions with governments around the world to help ensure broad access for people everywhere." The US government announced in June it was investing $3 billion from the American Rescue Plan to accelerate the discovery, development and manufacturing of antiviral medicines.

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