The President of the United States, Joe Biden, faces pressure to address the international COVID-19 vaccine shortage. To overcome the shortage, he announced on Thursday that the U.S. would purchase and donate five hundred million doses of vaccine for the use of hundred low-and middle-income nations in 2022. During his speech in England, ahead of the meeting of the Group of Seven wealthy democracies, Biden said that it is about the responsibility and humanitarian obligation to save as many human lives as they can.
In recent months, the richest countries with strong vaccination campaigns instantly moved toward vaccinating large bands of their population, but many countries of the world, specifically Africa, lags behind. So, these countries are raising fears of more deadly waves of coronavirus that could overwhelm delicate health care systems and spawn new variants of the virus. The leaders of the G-7 countries met in England and pledged to close the gap by donating 1 billion Vaccine Doses. In short, the G-7 announce a comprehensive strategy for containing the coronavirus.
Biden said that his country personally knows the tragedies of the pandemic as it suffered over six lac deaths – more deaths from coronavirus in the United States than from World War I, II, the Vietnam War, and 9/11 combined. Furthermore, the donation of five hundred million Pfizer-BioNTech vaccine doses is by far the biggest so far by a single nation, but it would completely vaccinate only around three percent of the global population.
The U.S. will pay $3.5 Billion for the Pfizer-BioNTech Shots
America will pay about $3.5 billion for the Pfizer-BioNTech vaccination shots, around $7 each, which Pfizer described as a not-for-profit price – much below the $20 it paid for domestic use. Biden states that the U.S. is providing these half-billion vaccine doses with no strings attached. The president also said that his government is doing this to save lives and to end the pandemic from the world.
The administration will distribute the first two hundred million doses of the vaccine by the end of 2021, followed by three hundred million by June 2022. Furthermore, the officials will use the international vaccine-sharing initiative platform COVAX to distribute the doses. During his address with the RAF troops in Suffolk, England, Biden said they have to end coronavirus, not just at home but everywhere across the world. There is no wall high enough to people safe from the coronavirus pandemic or the next biological threat the world is facing. It requires coordinated multidimensional action.