BR100 Increased By (0.56%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.7%)
KSE30 Increased By (0.52%)
AGHA 6.08 Increased By ▲ 0.06 (1%)
BECO 3.85 Increased By ▲ 0.04 (1.05%)
BML 62.08 Increased By ▲ 5.64 (9.99%)
BOP 28.18 Increased By ▲ 0.08 (0.28%)
CNERGY 12.20 Decreased By ▼ -0.08 (-0.65%)
CSIL 5.36 Increased By ▲ 0.07 (1.32%)
FCCL 54.30 Increased By ▲ 0.49 (0.91%)
FFL 12.93 Increased By ▲ 0.13 (1.02%)
FNEL 1.13 Increased By ▲ 0.01 (0.89%)
KEL 5.70 Increased By ▲ 0.06 (1.06%)
KOSM 5.33 Decreased By ▼ -0.05 (-0.93%)
LOTCHEM 23.80 Increased By ▲ 0.25 (1.06%)
MLCF 92.90 Increased By ▲ 0.94 (1.02%)
NBP 163.35 Increased By ▲ 1.11 (0.68%)
NCPL 48.83 Decreased By ▼ -0.08 (-0.16%)
NPL 50.42 Decreased By ▼ -0.09 (-0.18%)
OGDC 302.10 Increased By ▲ 0.42 (0.14%)
PACE 9.17 Increased By ▲ 0.04 (0.44%)
PAEL 32.02 Increased By ▲ 0.21 (0.66%)
PIBTL 12.79 Increased By ▲ 0.01 (0.08%)
PPL 212.00 Decreased By ▼ -0.06 (-0.03%)
PRL 84.30 Decreased By ▼ -2.96 (-3.39%)
PTC 45.00 Increased By ▲ 1.04 (2.37%)
SSGC 22.75 Decreased By ▼ -0.11 (-0.48%)
TBL 8.95 Increased By ▲ 0.04 (0.45%)
TELE 6.54 Increased By ▲ 0.10 (1.55%)
TPL 24.19 Increased By ▲ 0.10 (0.42%)
TPLP 12.25 Increased By ▲ 0.09 (0.74%)
TREET 23.34 Decreased By ▼ -0.16 (-0.68%)
TRG 52.00 Increased By ▲ 0.13 (0.25%)
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 Updated
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.