{"id":2423,"date":"2021-11-30T13:37:08","date_gmt":"2021-11-30T18:37:08","guid":{"rendered":"https:\/\/lifescivoice.com\/?p=2423"},"modified":"2021-11-30T13:37:15","modified_gmt":"2021-11-30T18:37:15","slug":"u-s-to-buy-additional-1b-of-mercks-covid-19-drug","status":"publish","type":"post","link":"https:\/\/lifescivoice.com\/u-s-to-buy-additional-1b-of-mercks-covid-19-drug\/","title":{"rendered":"U.S. to buy additional $1B of Merck&#8217;s Covid-19 drug"},"content":{"rendered":"\n<p>In the latest Merck\u2019s COVID-19 news, it was reported that President Biden\u2019s government has plans to place an order for another batch of Merck\u2019s COVID-19 drug for $1 billion. A previous agreement in June was to purchase $1.2b worth of Merck antiviral pill, Molnupiravir. This is to purchase $1.7 million courses. &nbsp;<\/p>\n\n\n\n<p>This comes as a result of Merck\u2019s COVID-19 drug producing data showing if given at the onset of COVID-19 related illness, the probability of fatality by the virus is cut in half for individuals in the severe risk category of COVID-19 complications. Merck\u2019s COVID-19 pill reduces the chance of hospitalization as well.<\/p>\n\n\n\n<p>In fact, an industry expert stated that Merck\u2019s COVID-19 pill, Molnupiravir, possesses the ability to successfully battle this pandemic, along with other drugs and vaccines which makes the battle against COVID-19 a collective effort. Merck\u2019s COVID-19 drug joins the fight against the virus in this way.<\/p>\n\n\n\n<p>President Biden revealed that his government had bought millions of courses of Merck antiviral pill rival, Pfizer, as well. Pfizer\u2019s COVID-19 drug shows a reduction in hospitalization and fatality by 89% in the same risk group. Merck\u2019s COVID-19 news further reveals that the U.S. government can place a purchase order for 2 million more courses of Merck\u2019s COVID-19 drug. Currently, the number of treatment doses are over 3 million, which are valued at $2.2b.<\/p>\n\n\n\n<p>A health official said that Merck and Pfizer\u2019s deal negotiations have similar terms that consist of 1.7 million courses to be bought upfront and a possibility for 3.3 million additional courses to be bought at a later stage.<\/p>\n\n\n\n<p>Merck\u2019s COVID-19 news further discloses that for countries in the high income bracket, Molnupiravir\u2019s treatment course will be sold at $700.<\/p>\n\n\n\n<p>By the end of 2021, production of 10 million treatment courses of Merck\u2019s COVID-19 pill is expected, with double this amount expected in the coming year.<\/p>\n\n\n\n<p>Merck antiviral pill is manufactured by bothMerck &amp; Co Inc and its partner Ridgeback Biotherapeutics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the latest Merck\u2019s COVID-19 news, it was reported that President Biden\u2019s government has plans to place an order for another batch of Merck\u2019s COVID-19 drug for $1 billion. A previous agreement in June was to purchase $1.2b worth of Merck antiviral pill, Molnupiravir. This is to purchase $1.7 million courses. &nbsp; This comes as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2424,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[103,159,558],"class_list":{"0":"post-2423","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commercial","8":"tag-covid-19","9":"tag-merck","10":"tag-molnupiravir"},"_links":{"self":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/posts\/2423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/comments?post=2423"}],"version-history":[{"count":0,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/posts\/2423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/media\/2424"}],"wp:attachment":[{"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/media?parent=2423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/categories?post=2423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifescivoice.com\/wp-json\/wp\/v2\/tags?post=2423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}