U.S. to Spend $1 Billion More on Merck COVID-19 Pills

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U.S. to Spend $1 Billion More on Merck COVID-19 Pills
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The pharmaceutical company Merck announced this week that the U.S. government will spend an additional $1 billion to purchase 1.4 billion courses of its COVID pill, molnupiravir.

Nov. 11, 2021 -- The U.S. government is investing more in experimental antiviral pills designed to help people who catch COVID-19.

In June the government agreed to buy 1.7 million courses of molnupiravir for $1.2 billion. The contract gives the government the option to buy an additional 2 million courses, the company said inThe deals are conditional on the drug being granted emergency use authorization or approval by the U.S. Food and Drug Administration. Merckon Oct. 11. The company says the FDA’s Antimicrobial Drugs Advisory Committee will discuss the application Nov. 30.

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