Ken Frazier, the longtime chief executive of Merck and one of the few remaining black CEOs of a Fortune 500 company, is retiring. Frazier, Merck’s CEO for the past decade, will be replaced by Rob Davis, the chief financial officer, the company said Thursday. Frazier will become executive chairman of the board during a transition…
Merck Stops Development of COVID-19 Vaccines
Merck on Monday said it’s stopping development of both of its COVID-19 vaccine candidates. The candidates in studies “were generally well tolerated, but the immune responses were inferior to those seen following natural infection and those reported for other SARS-CoV-2/COVID-19 vaccines,” the New Jersey-based company said in a statement. COVID-19 is the disease caused by…
Trump Administration Buys 100 Million More Doses of COVID-19 Vaccine From Pfizer
The U.S. Department of Health and Human Services (HHS) and Department of Defense (DOD), will purchase an additional 100 million doses of COVID-19 investigational vaccine from Pfizer for delivery in 2021. A DOD press statement on Wednesday stated that “Under the agreement, Pfizer will manufacture and deliver up to 100 million doses of its SARS-CoV-2…
Trump Administration Buys 100 Million More Doses of Pfizer–BioNTech COVID-19 Vaccine
The U.S. Department of Health and Human Services (HHS) and the Department of Defense (DOD) will purchase an additional 100 million doses of the COVID-19 vaccine from Pfizer and BioNTech for delivery in 2021. “Under the agreement, Pfizer will manufacture and deliver up to 100 million doses of its SARS-CoV-2 vaccine, BNT162b2, to Government designated…
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