Executives from Pfizer and Modena said the two companies are increasing their supply of coronavirus vaccines, and according to congressional testimony released on Monday, shipments are expected to double or even triple in the next few weeks.
In a statement to be issued by the House Subcommittee on Tuesday, Pfizer’s Chief Commercial Officer John Young estimated that the company plans to increase the drug delivery capacity of 4 million to 5 million doses per week to 13 million. .
The company’s president, Dr. Stephen Hoge, stated that Moderna expects to double its monthly delivery volume to 40 million doses by April. Hoge̵
Young attributed the increase in supply to Pfizer’s “significant investments” in multiple production sites and other improvements.
The number of deaths from the coronavirus in the United States exceeds 500,000, and questions about the fairness of vaccine distribution still exist. The Biden administration said this month that it will increase supply to low-income communities and people of color that have been hit hard by the virus.
Last year, the U.S. Food and Drug Administration (FDA) approved the emergency use of the vaccine. The vaccine uses mRNA. After two injections, the effective rate is over 90%.