U.S. Markets closed
  • S&P 500

    3,900.79
    -22.89 (-0.58%)
     
  • Dow 30

    31,253.13
    -236.94 (-0.75%)
     
  • Nasdaq

    11,388.50
    -29.66 (-0.26%)
     
  • Russell 2000

    1,776.22
    +1.38 (+0.08%)
     
  • Crude Oil

    111.44
    -0.77 (-0.69%)
     
  • Gold

    1,840.70
    -0.50 (-0.03%)
     
  • Silver

    21.91
    +0.00 (+0.01%)
     
  • EUR/USD

    1.0585
    -0.0002 (-0.0212%)
     
  • 10-Yr Bond

    2.8550
    -0.0310 (-1.07%)
     
  • Vix

    29.35
    -1.61 (-5.20%)
     
  • GBP/USD

    1.2468
    -0.0007 (-0.0524%)
     
  • USD/JPY

    127.7230
    -0.0710 (-0.0556%)
     
  • BTC-USD

    30,183.44
    +1,173.16 (+4.04%)
     
  • CMC Crypto 200

    669.81
    +17.58 (+2.69%)
     
  • FTSE 100

    7,302.74
    -135.35 (-1.82%)
     
  • Nikkei 225

    26,402.84
    -508.36 (-1.89%)
     

UPDATE 1-Pfizer, EU push back COVID vaccine delivery to help booster campaign

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

(Adds details on agreement)

May 13 (Reuters) - Pfizer Inc and its German partner BioNTech SE said on Friday they had agreed to push back deliveries of their COVID-19 vaccines to the European Union by three months as the bloc prepares for a potential booster campaign in the fall.

The companies amended their supply agreement with the European Commission to push back delivery of doses scheduled for June through August until September through the fourth quarter of this year.

"This amendment meets legitimate concerns on matching supply and demand, whilst ensuring security of vaccine supply if and when this is needed later in the year," EU health commissioner Stella Kyriakides said in a statement.

Pfizer and BioNTech are currently testing other versions of the vaccine targeted at the Omicron variant of the coronavirus. If one of those vaccines is authorised by the autumn or winter period, EU countries will have access to the deliveries in the form of the adapted vaccines, the European Commission said.

The change of delivery schedule does not impact the companies' full-year revenue outlook or the full-year commitment of doses to be delivered to the region in 2022, Pfizer and its German partner said.

Pfizer, by far the main supplier to the EU, agreed last May with EU states to deliver up to 1.8 billion vaccines for up to 35 billion euros, in the largest supply deal ever signed during the pandemic. (Reporting by Mrinalika Roy in Bengaluru; Editing by Anil D'Silva)