News agencies report that President Biden is planning to spend $ 5 billion to buy the new antiviral drug against Covid-19. This drug is in the experimental phase, of the company Pfizer, while the amount purchased is expected to be enough to handle 10 million cases.
The announcement came a day after the Pfizer company signed an agreement with a UN agency to grant free license to the new drug to be produced in 95 countries, which make up 53 percent of the world’s population.
Pfizer says the new drug, called Paxlovid, reduces by 90 percent the deaths and hospitalizations of people with mild to moderate covidine symptoms. Pfizer on Tuesday asked the Drugs and Drug Administration (FDA) to approve the use of the new drug. Another US pharmaceutical company, Merck, has agreed to give its anti-viral drug free of charge to 105 poor countries. Merck says her drug reduces by 50 percent the risk for severe cases of covidium if taken immediately after the onset of the first symptoms.
The US administration has projected to buy 3.1 million doses of Merck medicine for $ 2.2 billion. The Drug Agency is expected to meet on November 30 to consider approving the drug. The British regulatory agency approved it earlier this month.
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