BR100 Increased By (0.91%)
BR30 Increased By (1.08%)
KSE100 Increased By (0.81%)
KSE30 Increased By (0.88%)
BECO 5.39 Increased By ▲ 0.07 (1.32%)
BML 57.20 Increased By ▲ 2.11 (3.83%)
BOP 35.35 Increased By ▲ 0.31 (0.88%)
CNERGY 8.17 Increased By ▲ 0.08 (0.99%)
DCL 11.50 Increased By ▲ 0.14 (1.23%)
FCCL 58.10 Increased By ▲ 1.91 (3.4%)
FCSC 5.00 Decreased By ▼ -0.01 (-0.2%)
FFL 17.81 Increased By ▲ 0.13 (0.74%)
FNEL 1.25 Increased By ▲ 0.01 (0.81%)
HUMNL 11.18 Increased By ▲ 0.25 (2.29%)
KEL 8.65 Increased By ▲ 0.08 (0.93%)
KOSM 6.54 Increased By ▲ 0.05 (0.77%)
MLCF 107.29 Increased By ▲ 0.78 (0.73%)
NBP 201.16 Increased By ▲ 1.40 (0.7%)
PACE 11.15 Increased By ▲ 0.13 (1.18%)
PAEL 45.56 Increased By ▲ 0.56 (1.24%)
PIAHCLA 30.10 Increased By ▲ 1.53 (5.36%)
PIBTL 18.47 Increased By ▲ 0.20 (1.09%)
PPL 247.50 Increased By ▲ 3.01 (1.23%)
PRL 35.18 Increased By ▲ 0.24 (0.69%)
PTC 66.15 Increased By ▲ 0.33 (0.5%)
SEARL 94.85 Increased By ▲ 0.80 (0.85%)
SSGC 31.20 Increased By ▲ 0.37 (1.2%)
TELE 8.73 Increased By ▲ 0.03 (0.34%)
THCCL 65.53 Increased By ▲ 0.54 (0.83%)
TPLP 10.62 Increased By ▲ 0.36 (3.51%)
TREET 24.99 Increased By ▲ 0.12 (0.48%)
TRG 64.15 Increased By ▲ 0.79 (1.25%)
WAVES 10.80 Increased By ▲ 0.15 (1.41%)
WTL 1.26 Increased By ▲ 0.02 (1.61%)
World

The Pfizer/BioNTech vaccine bet that paid off

  • The shot -- using the hitherto unproven mRNA method to deliver vaccines -- has since proven a success in public rollouts across the world.
Published April 14, 2021 Updated April 14, 2021 11:11am
By

PARIS: With a strategic alliance, 24-hour production and a bit of luck, Pfizer and BioNTech were able to roll out their Covid vaccine at a brisk pace and relatively free of controversy.

US pharmaceutical giant Pfizer and BioNTech, a smaller German biotech firm, joined forces on April 9, 2020, as the world reeled from the pandemic, with deaths soaring and nations under lockdown.

The companies set an ambitious goal: Producing hundreds of millions of jabs in 2021 -- an incredibly short timeline when vaccines usually take years to develop and secure regulatory approval.

Seven months later, Pfizer announced promising results from clinical tests showing the vaccine developed by BioNTech was 90-percent effective against the novel coronavirus.

The shot -- using the hitherto unproven mRNA method to deliver vaccines -- has since proven a success in public rollouts across the world.

In March, BioNTech even promised 2.5 billion doses this year, a quarter more than initially planned.

The vaccine currently plays a leading role in European vaccination campaigns and in the United States.

Comments

Comments are closed for this article.