Pfizer CEO doesn’t want to have his own firm’s COVID-19 vaccine

Pfizer CEO doesn’t want to have his own firm’s COVID-19 vaccine

He claimed the firm doesn’t want it to appear executives can ‘jump the line’ though he added that he believes there was an extremely small possibility of making a vaccine so soon. 

‘No I haven’t taken it yet and we are having an ethical committee dealing with the question of who is getting it,’ Albert Bourla said as the first doses of Pfizer’s vaccine was being rolled out to Americans. 

Bourla described deciding when to get vaccinated as a fine line. On one hand, polling has showed that the CEO of a vaccine-making company getting the shot would boost trust in it more than even seeing national leaders get vaccinated. 

On the other hand, coronavirus has hit health care workers and disadvantaged people, including the poor and elderly, hardest, so Bourla said his company wants to be careful that it doesn’t appear priority access is given to its higher-ups. 

He said he’d get the vaccine as soon as possible but admitted in a separate interview that he wasn’t always sure Pfizer could get the shot made as quickly as it has.

‘I was hoping, and aspiring and I was driving everything so we could do it, but deep inside me, I thought it was a very stretch goal and there is a small possibility to make it, but we made it,’ Bourla said on Squawk Box.

Pfizer and BioNTech developed and distributed the first COVID-19 vaccine in the U.S. within just 11 months of scientists working out the genome of the new virus to base the shot on. 

A female Black New York nurse became the first American vaccinated by a female Black doctor on Monday morning. Vaccines are slated to arrive in all 50 states Monday morning, and Pfizer’s first 2.9 million doses of vaccine will be distributed cross the country beginning today. 

Her vaccination was televised across the country and similar events are planned in other states, in the hopes of bolstering Americans’ trust in the vaccine. 

The intention behind a Black female nurse being jabbed by a Black female doctor was a media stunt, not only to show that ‘Black lives matter’ but also to ensure virtue signalling isn’t disregarded. 

President-elect Joe Biden, and former presidents Barack Obama, George W Bush and Bill Clinton have all promised to get injections on camera with the same aim. 

But one man’s vaccination might hold even more sway than four presidents. 

‘Our company ran a lot of polls to see what would [it] take people to believe it,’ Bourla told Squawk Box. 

‘One of the highest ranking – even higher than if Joe Biden takes it, even higher than if the other presidents take it – it is if the CEO of the company takes it. 

‘So, with that in mind I’m trying to find a way that I will get vaccinated despite that it is not my times, just to display the confidence.’ 

But if the company decides to go that way, that access wouldn’t be extended to other executives, he said. They would have to wait until they were eligible based on other criteria. 

Despite his uncertainty over whether Pfizer could make a vaccine before the end of the year, and the hitches in that process so far, Bourla now says he’s ‘confident’ and optimistic’ about supplying the world with COVID-19 vaccines over the coming year. 

The $1.95 billion contract Pfizer signed with the U.S. in July guarantees Americans 100 million doses of the firm’s shot, with the option to buy more doses down the line. 

Pfizer has agreements to sell millions of doses of its vaccine to many other countries, including the UK and the European Union. 

U.S. officials have claimed they are unconcerned about supplying enough vaccine for Americans because Operation Warp Speed has multiple partnerships with other companies. 

On Friday, the U.S. exercised its first option to acquire additional doses of coronavirus vaccines, signing a deal worth an estimated $2.6 billion with Moderna for another 100 million doses of its vaccine by June. 

And Bourla confirmed that Pfizer is back in talks with U.S. officials to bolster the government’s supply of its vaccine too.  

‘The U.S. government is asking for more,’ said Bourla on CNN. 

‘They have asked now for an additional 100 million doses from us. We can provide them – the additional 100 million doses – but right now, most of that we can provide in the third quarter. 

‘The U.S. government wants them in the second quarter.’ 

He said Pfizer is working with the U.S. government on a solution to get Americans the extra does, but ‘we haven’t signed the agreement yet.’ 

The first 2.9 million of the 100 million doss for which the U.S. has a contract with Pfizer start rolling out today. Another 2.9 million are reserved as a second dose for those same people, to be given three weeks after their first shots. 

And 500,000 are being reserved by the company in case anything goes wrong with the other doses. 

U.S. officials plan to vaccinate 20 million Americans by the end of the month, via a combination of Pfizer’s vaccine and Moderna’s, which is expected to get emergency approval after a Thursday FDA hearing. 

Moderna has reaffirmed that it can provide 20 million doses by year-end. 

But if the U.S. wants to give 20 million people both doses of either vaccine, Pfizer will have a long way to go to meet its end-of-year goal of 25 million doses and keep up the speed next year to make 1.3 billion doses globally. 

‘I’m optimistic, always there are challenges, but most of them have been overcome,’ Bourla said on Squawkbox.

‘The 1.3 billion is our commitment to the world, but we are working to make much more.’   

Over the years, Media outlets have gained a level of trust and accountability. Unfortunately, we have seen time after time that this image has been abused and they have become partisan outlets for political and strategical gains. I believe that the first job of a journalist is to deliver the news impartially and outlets have to distinguish between news broadcasting and opinion delivery.

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