US To Donate 500 Million Pfizer Covid Vaccine Doses To 100 Poor Nations.

US To Donate 500 Million Pfizer Covid Vaccine Doses To 100 Poor Nations

The 500 million doses are destined for the world's 100 poorest countries.

CARBIS BAY, England:

The United States will spend $3.5 billion to buy and donate 500 million doses of the Pfizer coronavirus vaccine to some of the world's poorest countries, it said on Thursday, urging other G7 nations to follow suit.

The vaccine donation - the largest ever by a single country - was announced before U.S. President Joe Biden meets leaders of the Group of Seven advanced economies in western England.

The 500 million doses are destined for the world's 100 poorest countries. A senior Biden administration official described the gesture as a "major step forward that will supercharge the global effort" with the aim of "bringing hope to every corner of the world." "We really want to underscore that this is fundamentally about a singular objective of saving lives," the official said, adding that Washington was not seeking favours in exchange for the doses.

The Biden administration expects other G7 members to come up with contributions as part of a comprehensive road map to end a pandemic that has killed more than 3.9 million people, the official added.

U.S. drugmaker Pfizer and its German partner BioNTech had earlier said they would provide 200 million doses in 2021 and 300 million doses in the first half of 2022.

The shots, which will be produced at Pfizer's U.S. sites, will be supplied at a not-for-profit price.

"Our partnership with the U.S. government will help bring hundreds of millions of doses of our vaccine to the poorest countries around the world as quickly as possible," said Pfizer Chief Executive Albert Bourla.

'DROP IN THE BUCKET'

Anti-poverty campaign group Oxfam called for more to be done to increase global production of vaccines.

"Surely, these 500 million vaccine doses are welcome as they will help more than 250 million people, but that's still a drop in the bucket compared to the need across the world," said Niko Lusiani, Oxfam America's vaccine lead.

"We need a transformation toward more distributed vaccine manufacturing so that qualified producers worldwide can produce billions more low-cost doses on their own terms, without intellectual property constraints," he added in a statement.

Biden has backed calls for a waiver of some vaccine intellectual property rights but there is no international consensus on how to proceed.

The new donations come on top of 80 million doses Washington has already pledged to donate by the end of June, and $2 billion in funding earmarked for the COVAX program led by the World Health Organization (WHO) and the Global Alliance for Vaccines and Immunization (GAVI), the White House said.

GAVI and the WHO welcomed the initiative.

Washington is also taking steps to support local production of COVID-19 vaccines in other countries, including through its Quad initiative with Japan, India and Australia.

Biden's announcement comes amid mounting pressure for the United States, which has now given at least one shot to around 64% of its adult population, to boost donations of vaccines to other countries in desperate need.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

NDTV News

NDTV.com provides latest news from India and the world. Get today’s news headlines from Business, Technology, Bollywood, Cricket, videos, photos, live news coverage and exclusive breaking news from India.

https://www.ndtv.com/

Related news
«History UnErased»  on a mission to bring LGBTQ topics to classrooms.

«History UnErased» on a mission to bring LGBTQ topics to classrooms.

"History UnErased" is bringing LGBTQ topics into the mainstream curriculum in U.S. classrooms. Debra Fowler, co-founder and executive director, joined CBSN to discuss the importance of the program. CBSN is CBS News’ 24/7 digital streaming news ser...

'The Five' praise parents for going head-to-head with 'woke' school board.

'The Five' praise parents for going head-to-head with 'woke' school board.

New Jersey parents fought elected school board over ridding the calendar of holiday names; reaction from 'The Five.' #FoxNews #TheFive Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-ho...

Senate Republicans Block Democrats’ Election Overhaul Bill.

Senate Republicans Block Democrats’ Election Overhaul Bill.

Senate Republicans blocked a bill that would have overhauled the country’s election system. Democrats say the For the People Act pushes back against newly passed restrictive state laws, while Republicans call it a partisan power grab to federalize...

Several states move to limit the teaching of critical race theory in schools.

Several states move to limit the teaching of critical race theory in schools.

More than 20 states have introduced legislation that would limit teaching critical race theory in their public schools. Five states have already moved to ban educators from teaching it, including Florida and Tennessee. Russell Contreras, who cover...

New footage from U.S. Capitol attack released by Justice Department

New footage from U.S. Capitol attack released by Justice Department

The Department of Justice on Monday released new footage from the deadly January 6 assault of the U.S. Capitol. The three new videos are being used as evidence against alleged Proud Boys member Charles Donohoe. He and several other members face ch...

Biden Administration Falls Short Of July 4th Vaccination Goal.

Biden Administration Falls Short Of July 4th Vaccination Goal.

As the Delta variant spreads across the nation, the Biden administration will likely fall short of its July 4th coronavirus vaccination goal. Vaccination rates are declining in the United States, and hospitals are seeing a rise in cases. At the sa...