Pfizer swings to small profit as vaccines begin to roll out

Pfizer, the first company to get U.S. emergency use authorization for a COVID-19 vaccine, swung to a small profit in the fourth-quarter as it started shipping vaccines globally. The drugmaker expects roughly $15 billion in revenue this year from the vaccine, which won emergency clearance in mid-December from U.S. regulators and continues to rack up […]

Saudi announces three-phase roll out of COVID-19 vaccine

Saudi Arabia on Tuesday announced a three-phase COVID-19 vaccination programme, as it began registering citizens and foreign residents after approving the Pfizer-BioNTech vaccine. People aged over 65 as well as those with chronic ailments or at a high risk of infection will receive the vaccine in the first stage, and those aged over 50 in […]

WHO, partners roll out faster COVID tests for poorer nations

The World Health Organization announced Monday that it and leading partners have agreed to a plan to roll out 120 million rapid-diagnostic tests for the coronavirus to help lower- and middle-income countries make up ground in a testing gap with richer countries—even if it’s not fully funded yet. At $5 apiece, the antigen-based rapid diagnostic […]