Pfizer/BioNTech seek first vaccine approval in US

News Image

MG News | November 21, 2020 at 01:25 PM GMT+05:00

November 21, 2020: US biotech giant Pfizer and German partner BioNTech sought approval Friday to roll out their coronavirus vaccine early, a first step towards relief as surging infections prompt a return to shutdowns that traumatized nations and the global economy earlier this year.

The world is looking to scientists for salvation from the global pandemic. The US Food and Drug Administration (FDA) said its vaccines committee would meet on December 10 to discuss the request for emergency use authorization.

"The FDA recognizes that transparency and dialogue are critical for the public to have confidence in COVID-19 vaccines," the organization's head Stephen Hahn said in a statement.

"I want to assure the American people that the FDA's process and evaluation of the data for a potential Covid-19 vaccine will be as open and transparent as possible."

He said he could not predict how long the review would take, but the federal government said earlier the final green light would probably come in December.

Pfizer chief executive Albert Bourla called the filing "a critical milestone in our journey to deliver a COVID-19 vaccine to the world."

The BioNTech/Pfizer shot and another one being developed by the US firm Moderna have taken the lead in the global chase for a vaccine.

EU Commission president Ursula von der Leyen said the European bloc could also approve both before the end of the year.

 

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 178,262.34
385.16M
4.23%
7241.13
ALLSHR 107,837.44
1,028.26M
3.85%
4001.05
KSE30 53,347.67
160.21M
4.70%
2395.68
KMI30 251,510.37
142.71M
4.52%
10876.50
KMIALLSHR 69,173.86
484.44M
3.91%
2601.11
BKTi 51,064.73
51.74M
4.91%
2391.50
OGTi 35,248.42
10.48M
4.59%
1546.17
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,640.00 66,075.00
63,875.00
425.00
0.66%
BRENT CRUDE 90.09 93.60
87.55
-6.69
-6.91%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 120.00 120.00
120.00
-0.25
-0.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 83.68 86.20
82.12
-5.63
-6.30%
SUGAR #11 WORLD 14.60 14.75
14.54
-0.17
-1.15%

Chart of the Day


Latest News
July 27, 2026 at 04:39 PM GMT+05:00

Gold price in Pakistan rises Rs4,000 per tola


July 27, 2026 at 04:33 PM GMT+05:00

PSX Closing Bell: Good Times Roll


July 27, 2026 at 04:32 PM GMT+05:00

PKR holds firm, extends winning run against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg