to fast-track COVID-19 vaccine development by funding research in six promising candidates. Pfizer did not receive federal funding for its research, but used money for manufacturing and distribution.
The US Food and Drug Administration could greenlight emergency authorization for two separate vaccines, made by Pfizer and Moderna. Both of the vaccines require two doses. The companies have said they will be ready to distribute vaccines within hours of an FDA emergency authorization. An independent advisory committee will meet on December 10 to decide on recommending Pfizer's vaccine to the FDA.
The UK has already allowed for use of Pfizer's vaccine. The WSJ reported the UK said in November that it could get 10 million Pfizer vaccine doses by year-end, but the expectation will now be four to five million.Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.
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