U.S. Buys 10 Million Treatment Courses of Pfizer’s Covid-19 Pill for $5.29 Billion

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Pfizer agreed to a $5.29 billion deal to supply the U.S. its Covid-19 pill to treat 10 million people via WSJ

& Co. and Ridgeback Biotherapeutics LP that is also under review by the FDA. The U.S. has agreed to purchase 3.1 million courses of molnupiraivir for about $2.2 billion.in the treatment of Covid-19. People would take the therapies at home shortly after they first develop symptoms to be able to keep them from becoming hospitalized. Covid-19 antibody therapies cleared for use are largely administered in hospitals and physicians’ offices or given to patients with advanced forms of the disease.

“My administration is making the necessary preparations now to ensure these treatments will be easily accessible and free,” Mr. Biden said. “This is positive news. This treatment could prove to be another critical tool in our arsenal that will accelerate our path out of the pandemic.”

 

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