Business Standard

US lines up big money on Covid jabs, to produce a billion doses every year

The investment is the first step in a new plan for the government to partner with industry to address immediate vaccine needs overseas and domestically

US President Joe Biden takes off his protective face mask worn due to the coronavirus pandemic as he arrives to speak during the 76th Session of the UN General Assembly in New York City (Photo: Reuters)
Premium

US President Joe Biden (Photo: Reuters)

NYT
The White House, under pressure from activists to increase the supply of coronavirus vaccines to poor nations, is prepared to invest billions of dollars to expand U.S. manufacturing capacity, with the goal of producing at least one billion doses a year beginning in the second half of 2022, two top advisers to President Biden said in an interview on Tuesday.

The investment is the first step in a new plan, to be announced on Wednesday, for the government to partner with industry to address immediate vaccine needs overseas and domestically and to prepare for future pandemics, said Dr. David Kessler, who

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in