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April 14, 2021, 8:47 a.m. EDT

EU moves up delivery for 50 million BioNTech and Pfizer COVID-19 vaccine doses

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By Barbara Kollmeyer

The European Union has reached an agreement to speed up delivery of 50 million more doses of the BioNTech-Pfizer /zigman2/quotes/214419716/composite BNTX +2.87% /zigman2/quotes/202877789/composite PFE +0.22% COVID-19 vaccines to boost the continent's vaccination program. "Those 50 million doses were initially foreseen for delivery in the fourth quarter of 2021. Now they are available in quarter 2," European Commission President Ursula von der Leyen said in a statement on Wednesday. Johnson & Johnson /zigman2/quotes/201724570/composite JNJ +0.10% has delayed its deliveries of vaccines in the EU. U.S. regulatory authorities on Tuesday advised the suspension of those shots after after six women were diagnosed with severe blood clots. The European Medicines Agency is also reviewing those shots. Von der Leyen said the EU is also negotiating with Pfizer-BioNTech for a third contract that will deliver 1.8 billion doses over 2021 to 2023. Production of the vaccines and all essential components will be based in the EU. She added that the EU reached a milestone of 100 million vaccinations as of Wednesday, with more than a quarter are second doses.

/zigman2/quotes/214419716/composite
US : U.S.: Nasdaq
$ 198.30
+5.53 +2.87%
Volume: 2.02M
May 17, 2021 4:00p
P/E Ratio
35.09
Dividend Yield
N/A
Market Cap
$46.56 billion
Rev. per Employee
$283,276
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/zigman2/quotes/202877789/composite
US : U.S.: NYSE
$ 40.11
+0.09 +0.22%
Volume: 18.10M
May 17, 2021 4:00p
P/E Ratio
20.41
Dividend Yield
3.89%
Market Cap
$223.24 billion
Rev. per Employee
$533,860
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/zigman2/quotes/201724570/composite
US : U.S.: NYSE
$ 170.39
+0.17 +0.10%
Volume: 5.72M
May 17, 2021 4:00p
P/E Ratio
30.10
Dividend Yield
2.49%
Market Cap
$448.26 billion
Rev. per Employee
$613,918
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