Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Israel sharing COVID-19 data with Pfizer to help fine-tune vaccine rollout

Published 01/18/2021, 11:44 AM
Updated 01/18/2021, 12:35 PM
© Reuters. An employee opens a freezer containing Pfizer's vaccination against the coronavirus disease (COVID-19) as he works at SLE, a unit of Teva Pharmaceuticals, near Shoham

JERUSALEM (Reuters) - Israel is giving weekly data updates on its COVID-19 outbreak to vaccine maker Pfizer (NYSE:PFE) under a collaboration agreement that may help other countries fine-tune their inoculation campaigns and achieve "herd immunity", officials said.

Israelis began receiving first shots of the vaccine developed by Pfizer and its German partner BioNTech on Dec. 19 in one of the world's fastest vaccination rollouts.

Israel's Health Ministry made public most of a 20-page collaboration agreement it signed with Pfizer, which said the aim was "to determine whether herd immunity is achieved after reaching a certain percentage of vaccination coverage in Israel".

Commercial details such as price and quantity of vaccine shots supplied were not made public, but the agreement said that Israel was relying on Pfizer to deliver enough doses at a fast enough rate to allow it to achieve "herd immunity", meaning a sufficient portion of the population is immune to the virus.

"While this project is conducted in Israel, the insights gained will be applicable around the world and we anticipate will allow governments to maximize the public health impact of their vaccination campaigns," BioNTech said on Monday in a statement.

This includes determining potential immunization rates needed to stop the virus from spreading, it said.

The goal, BioNTech said, was "to monitor the evolution of the epidemic over time and at different vaccination rates".

"This will help us understand whether a potential decrease in cases and deaths can be attributed solely to direct vaccine protection or to both direct and indirect (or 'herd') protection," it said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Asked whether Pfizer was offering anything in return for the Israeli health data, a Pfizer spokeswoman in Israel said: "Pfizer does not offer anything in return. The agreement is public so you can read it. Besides that, we do not have any other comments."

During weekly status reports, Israel will provide Pfizer with epidemiological data such as: the number of confirmed COVID-19 cases, hospitalizations, how many patients were on ventilators, how many died, as well as an age and other demographic breakdown.

Such data was available to the public and keeps patients anonymous, Israeli officials said.

About a quarter of Israelis have received their first vaccine shot and 3.5% already got their second dose.

Still, the country is in its third lockdown with infection rates remaining high. More than half a million cases have been reported and 4,005 people have died in Israel since the pandemic began.

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.