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Medicine United States

US Secures 300 Million Doses, Almost a Third, of Potential AstraZeneca COVID-19 Vaccine (financialpost.com) 189

schwit1 shares a report from Financial Post: The United States has secured almost a third of the first one billion doses planned for AstraZeneca's experimental COVID-19 vaccine by pledging up to $1.2 billion, as world powers scramble for medicines to get their economies back to work. While not proven to be effective against the coronavirus, vaccines are seen by world leaders as the only real way to restart their stalled economies, and even to get an edge over global competitors. The U.S. Department of Health agreed to provide up to $1.2 billion to accelerate AstraZeneca's vaccine development and secure 300 million doses for the United States.

"This contract with AstraZeneca is a major milestone in Operation Warp Speed's work toward a safe, effective, widely available vaccine by 2021," U.S. Health Secretary Alex Azar said. The vaccine, previously known as ChAdOx1 nCoV-19 and now as AZD1222, was developed by the University of Oxford and licensed to British drugmaker AstraZeneca. Immunity to the new coronavirus is uncertain and so the use of vaccines unclear. The U.S. deal allows a late-stage -- Phase III -- clinical trial of the vaccine with 30,000 people in the United States.

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US Secures 300 Million Doses, Almost a Third, of Potential AstraZeneca COVID-19 Vaccine

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  • Sorry, had to be done. xD

    Promising to shell out hard cold cash for this is probably the smartest move they've made since this whole mess started. Let's just hope the gamble (and it is a gamble, still) pays off.
    • Let's just hope the gamble (and it is a gamble, still) pays off.

      Let's keep things in perspective. The lockdowns cost the US economy more than $1.2B every 30 minutes. So this is a no-brainer. We should be throwing money at anything that has a chance of working.

      • Let's keep things in perspective. The lockdowns cost the US economy more than $1.2B every 30 minutes.

        Source? The lockdowns have been in effect for roughly 2 months. 1.2B every 30 minutes for 2 months equals 3.456 trillion dollars. Total GDP in 2019 averaged $3.572 trillion over two months. Are you saying the lockdowns have idled 97% of the economy?

    • So this was developed at a university, paid for by government. So why isn't it licensed to ALL vaccine makers world wide? Why does this one company get a monopoly, thereby driving up prices? With the money the US Gov is throwing around they could have set up their own production and rolled out vaccine for every man/woman/child on the planet.
  • Outcome 1) Vaccine works, US economy restarts and Trump hails himself as the saviour. Outcome 2) Vaccine doesn't work, Trump blames UK for poor research and medical companies demanding return on investment. Either way, $1.2B is a drop in the ocean if there is a chance to restart the economy.
  • by Arkade1 ( 6890332 ) on Friday May 22, 2020 @03:58AM (#60089638)
    I'm surprised to hear this news because 4 days ago it was announced this particular vaccine failed animal testing and is therefore unlikely to work in humans. We can't know for sure about humans until enough human trials have been done, but all the monkeys in the test using this vaccine caught covid-19. https://www.telegraph.co.uk/global-health/science-and-disease/doubts-oxford-vaccine-fails-stop-coronavirus-animal-trials/ [telegraph.co.uk]
    • I'm surprised to hear this news because 4 days ago it was announced this particular vaccine failed animal testing and is therefore unlikely to work in humans. We can't know for sure about humans until enough human trials have been done, but all the monkeys in the test using this vaccine caught covid-19.

      ~Arkade 1

      The faaaacts...
      ~Joel Cairo (Peter Lorre), The Maltese Falcon(1941)

      https://www.npr.org/2020/04/15... [npr.org]
      Meet Dr. Zhong Nanshan, The Public Face Of The COVID-19 Fight In China
      Dr. Nanshan framed many things in a CNN report in which he said waiting for a perfect vaccine will be problematic (paraphrasing).

    • by ffkom ( 3519199 )
      Well, prior existing knowledge of Hydroxychloroquine not really helping with Covid-19 also did not deter Trump from buying lots of it. Maybe somebody should follow the money and investigate if this is not a coincidence.
  • Everyone was defending Trump (though I'm not sure of the rational behind it) saying that no he was never in talks with a private company overseas to secure a large supply exclusive for the USA.

    • by Entrope ( 68843 )

      That was a German company, and the damning claim then was the never-substantiated claim that Trump was trying to get the US exclusive access to that vaccine. In this case, the UK gets the first 30 million vaccines, and the US would only get 30% of the first billion doses.

      Are you proud to re-raise an irrelevant slander?

      • Are you proud to re-raise an irrelevant slander?

        What makes you think I'm slandering Trump? I'm slandering the idiots who have done an about face now previously attacking the president for attempting to get exclusive access and now celebrating it. That is very relevant.

        Honestly it just shows how insanely stupid most commentators are. Even you are defending Trump saying the previous claim was unsubstantiated instead of celebrating the fact that the leader of a country is attempting to put his people first. Now you're saying that the leader of a country hav

  • Pascal Soriort, CEO, when leaving Roche for AZ:
    From Wikipedia: In September 2018 he made headlines commenting on his pay of £9.4m in salary and bonuses,"The truth is I’m the lowest-paid CEO in the whole industry", he said.
  • So it's a 1.2 billion bet that this particular vaccine will work.

    How many of those bets do they intend to make?

    • by orlanz ( 882574 )

      Usually, quite a few. I bet this pales in comparison to the cancer treatments. The US especially gives out many grants to research facilities around the world (like the lab that discovered the virus) and the spin off or to-market private companies to speed up viability testing of various drugs, cures, etc.

    • About 70,000+ given what we're putting in as stimulus to the economy. This is piddle money in the scheme of things. Honestly we should be funding anything that shows a decent chance of working. It doesn't matter if we fund 20 that don't work if we do get one that does, even knocking a month off of the duration will save money in the end.

  • How much will they cost when all the copays, profits and other health insurance bullshit gets added. You can expect these to retail around 400$ price point.

  • >"vaccines are seen by world leaders as the only real way to restart their stalled economies"

    Well, it isn't. Simply open with precautions: Isolate those with pre-existing conditions (who are really the only ones at any real statistical risk of severe symptoms), strongly encourage continued use of masks when in close proximity to others and handwashing procedures, and monitor the situation. It isn't that difficult.

  • One 44 Gallon drum, or 300? My understanding this can be grown in a glass swimming pool, and perhaps doubling every 24 hours. No need for egggs and adjuncts. Do we have to filter the growth medium out so poorer countries cant add sugar water amd make lots of doses for pennies? Sure there is quality control. and batch numbers.
  • "While not proven to be effective against the coronavirus, vaccines are seen by world leaders as the only real way to restart their stalled economies..."

    Well if it it's not effective then I'm glad we only paid 1.2 BILLION dollars for it.

  • Good luck getting the growing anti-vax movement to sign up for a vaccine.

  • Why are we paying all this money for a vaccine that doesn't exist or may never exist? We have never ever had a vaccine against RNA viruses. We never got one for SARS it ended up just going away. I think a vaccine for Covid-19 is a long way off, if ever. I seriously doubt they will find one in a year or two. It is just the nature of the science for RNA viruses.

"Facts are stupid things." -- President Ronald Reagan (a blooper from his speeach at the '88 GOP convention)

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