The U.S. government has placed an initial order for 100 million doses of a vaccine candidate being developed by Pfizer and a German firm, BioNTech, for $1.95 billion, the companies announced Wednesday. The U.S. can acquire up to 500 million additional doses, the statement said. Meanwhile, federal unemployment benefits are taking a hit at a time when more states are abruptly pausing their reopening plans. The $600 weekly jobless benefits bonus, approved in March, is about to expire and likely won’t be extended or replaced before next month.
The U.S. has been averaging more than 60,000 new cases daily for multiple weeks, and some states are seeing hospitalization rates soar. A USA TODAY analysis of Johns Hopkins data through late Tuesday shows 10 states set seven-day records for new cases while five states had a record number of deaths over the period. Pfizer and BioNTech announced a deal with the federal government for 100 million doses of their vaccine candidate once the companies obtain approval or emergency use authorization from U.S. Food and Drug Administration. Americans will receive the vaccine for free, the firms said. If the ongoing studies are successful, Pfizer and BioNTech expect to be ready to seek Emergency Use Authorization or some form of regulatory approval as early as October.