The US has reached an agreement with Pfizer to buy 500 million doses of their coronavirus vaccine to distribute to nearly 100 countries around the world. Biden is expected to announce in the UK on Thursday. Guardian reports this.
The US would pay for the vaccines at a cost price.
The first 200 million doses would be distributed this year, and the remaining 300 million in the first half of next year. The vaccines will be donated through Covax, the global initiative to help developing countries face the pandemic, and would go to 92 lower-income countries and the African Union.
As it was reported earlier, The World Health Organization (WHO) published forecasts. Due to the outbreak of the coronavirus pandemic in India, the COVAX program will face a shortage of 190 million doses of the vaccine by the end of June.
Earlier, the Head of the World Health Organization stated that wealthier nations should postpone plans to give children and teenagers Covid vaccines and donate supplies to low-income countries instead.
Meanwhile, according to Ghebreyesus, the second year of the coronavirus pandemic could claim far more lives than the first one.