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Video: Biden plans to pay more than $5 billion for Pfizer’s new Co v id 19 pill

The Biden administration plans to pay more than $5 billion for a stockpile of Pfizer’s new Co v id 1 9 pill, enough for about 10 million courses of treatment to be delivered in the next 10 months.

US pharmaceutical giant Pfizer has signed an important deal to allow generic production of its Covid-19 treatment pill– Making it more accessible to the developing world. Health officials say the drug greatly reduces the risk of severe illness and death from coronavirus in adults. The US is planning to buy 10 million doses of the medication once approved. But as Rahul Radhakrishnan reports, doctors are warning it’s not a substitute for a vaccine.

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