US NEWS: The US plans to invest billions in the production of the COVID-19 vaccine

WASHINGTON, Nov 17 – The United States plans to invest billions of dollars to increase the production capacity of the COVID-19 vaccine and to generate an additional $ 1 billion a year, White House COVID-19 coordinator Jeff Zients said on Wednesday.

Activists have forced President Joe Biden’s administration to increase the supply of vaccines to poor countries.

Zients said the government is preparing to provide mRNA vaccine manufacturers extensively to increase infrastructure and capacity, including facilities, equipment, staff or training.

Pfizer / BioNTech and Moderna are the only manufacturers of mRNA vaccines, although Zients says smaller contractors from those companies will be included.

Production will begin in the second half of 2022, he said.

Investment in vaccine production is part of private and community partnerships to address vaccination needs at home and around the world and to prepare for future epidemics, he said. It will be funded from the American Rescue Plan Biden signed into law in March.

In the short term, the plan will make a significant amount of COVID-19 vaccine available at cost worldwide use. Over time, it will help establish domestic production capacity to quickly produce targets for future threats, Zients said.

Zients said 80% of Americans 12 years and older have received at least one dose of COVID-19 vaccine, which highlights the milestone in efforts to curb the spread of this deadly virus.

He also said that 2.6 million children aged 5-11 will receive their first COVID-19 vaccine by the end of Wednesday.

Recent Articles

UK NEWS: Covid-19 UK records more than 50,000 new cases every day for the first time 160 times a month

The UK has recorded 50,091 new cases of COVID-19 and 160 coronavirus-related deaths in the last 24 hours, government data show.

US NEWS: Biden is tapping oil from the US strategic petroleum reserve. Here’s what you need to know

When President Joe Biden ordered the release of 50 million barrels of oil in the U.S. strategic reserve to help reduce energy...

AUSTRALIA NEWS: Australia will reopen full-time foreign visa holders from 1 December

Australia will allow foreign visa holders to enter the country from the beginning of December, Prime Minister Scott Morrison said on Monday,...

US NEWS: Biden is ready for work, the polyp has been removed, said a White House doctor

Nov 20 - U.S. President Joe Biden, who underwent a physical examination and colonoscopy on Friday, is still fit to perform his...

US NEWS: Biden will hand over power to Harris during a colonoscopy on Friday – White House

BETHESDA, Md., Nov 19 - President Joe Biden will hand over power to Deputy President Kamala Harris on Friday while undergoing anesthesia...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Subscribe Us Get the daily news in your inbox