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Dec 19 4:00 PM EST

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To: TobagoJack who wrote (180432)	11/18/2021 8:39:43 AM
From: Julius Wong	1 Recommendation Read Replies (2) of 218620

U.S. to acquire 10M doses of Pfizer's COVID-19 pill Paxlovid Nov. 18, 2021 7:01 AM ET Pfizer Inc. (PFE) By: Mamta Mayani, SA News Editor 2 Comments Alexandros Michailidis/iStock Editorial via Getty Images Pfizer (NYSE: PFE) announces an agreement with the U.S. government to supply 10M treatment courses of its investigational COVID-19 oral antiviral candidate, Paxlovid (PF-07321332; ritonavir), subject to regulatory authorization from the FDA. Under the terms of the agreement, the U.S. will acquire 10M treatment courses beginning later this year and concluding in 2022. PFE will receive $5.29B from the U.S. government, pending and contingent upon regulatory authorization. Pricing for Paxlovid is based on the principles of advance commitment, volume, equity, and affordability. Pfizer is seeking U.S. authorization of PAXLOVID; rolling submissions have also commenced in several countries, and the company will continue working to submit applications to regulatory agencies around the world. Recently, Barclays' analysts said that Paxlovid could add $15B-$22B to Pfizer 2022 revenue.

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