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US government set to pay US$2.1 billion to drug giants Sanofi and GSK in coronavirus vaccine deal

The US government will pay US$2.1 billion to Sanofi SA and GlaxoSmithKline Plc for Covid-19 vaccines to cover 50 million people and to underwrite the drug makers’ testing and manufacturing, the companies said on Friday.The drug makers also said they are in advanced discussions to supply up to 300 million doses of the experimental vaccine for the 27-country European Union.The US award is the biggest yet from ‘Operation Warp Speed’, the White House initiative aimed at accelerating access to…

Read the original article at South China Morning Post

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