Biden announced the first covid-19 vaccine

Shafaq news/ As the United States nears 10 million coronavirus cases, President-elect Joe Biden announced on Monday a new vaccine manufactured by the US company Pfizer.

He added, "Pfizer released its success of the vaccine trials, but it will not be available in the United States before several months.”

According to media reports, Pfizer Inc says its experimental COVID-19 vaccine is more than 90-percent effective, a major victory in the fight against a pandemic that has killed more than a million people, battered the world’s economy, and upended daily life.

Pfizer and German partner BioNTech SE are the first drug makers to release successful data from a large-scale clinical trial of a coronavirus vaccine. The companies said they have so far found no serious safety concerns and expect to seek US authorization this month for emergency use of the vaccine for people aged 16 to 85.

Pfizer and BioNTech have a $1.95bn contract with the US government to deliver 100 million vaccine doses beginning this year. They have also reached supply agreements with the European Union, the United Kingdom, Canada and Japan.

To save time, the companies began manufacturing the vaccine before they knew whether it would be effective. They now expect to produce up to 50 million doses, or enough to protect 25 million people this year.

Pfizer said it expects to produce up to 1.3 billion doses of the vaccine in 2021.