Categories: Market Overview

Pfizer to temporarily reduce Covid vaccine deliveries to Europe

Pfizer will temporarily reduce the number of doses of its coronavirus vaccine being delivered to Europe, according to the Norwegian Institute of Public Health. The authority said in a statement released Friday that deliveries of the Pfizer-BioNTech vaccine would be reduced from next week “and for a period ahead.”

NIPH said it received a message from Pfizer “little before 10 o’clock” Friday, according to a translation of the statement. “We were predicted 43,875 vaccine doses from Pfizer in week 3. Now it seems that we get 36,075 doses,” the statement said. A spokesperson for Pfizer wasn’t immediately available for comment when contacted by CNBC.

It explained the temporary reduction in deliveries was “in connection with an upgrade of production capacity.” “The temporary reduction will affect all European countries,” it added. Pfizer CEO Albert Bourla told CNBC’s “Squawk Box” on Tuesday that he felt confident that it could “increase dramatically” production of the vaccine this year with a goal of manufacturing up to 2 billion doses.

Pfizer to temporarily reduce Covid vaccine deliveries to Europe, CNBC, Jan 15

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This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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