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U.S. FDA Approves Pfizer Vaccine as Pandemic Reaches Critical Point

Stock MarketsDec 11, 2020 04:45PM ET
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© Reuters

By Yasin Ebrahim

Investing.com – The Food and Drug Administration on Friday gave emergency authorization to the Pfizer-and-BioNTech Covid-19 vaccine as the pandemic reaches a critical point in the United States.

Pfizer (NYSE:PFE) rose 0.2% in aftermarket hours and BioNTech SE (NASDAQ:BNTX) was up 0.1%.

The emergency use is authorized for those aged 16 and older.

“The FDA’s authorization for emergency use of the first COVID-19 vaccine is a significant milestone in battling this devastating pandemic that has affected so many families in the United States and around the world,” said FDA Commissioner Stephen M. Hahn, M.D., in a statement Friday night.

White House Chief of Staff Mark Meadows on Friday told Dr. Hahn to approve the vaccine by Friday, or hand in his resignation, the Washington Post reported earlier in the day, citing unnamed sources.

Health and Human Services Chief Alex Azar earlier Friday said he expected the vaccine to be available in the U.S. by Monday. The authorization paves the way for the vaccine to be rolled out quickly.

Earlier on Friday, Trump had called on Hahn to get the vaccine out, and accused the FDA commissioner of “playing games.”

U.S. FDA Approves Pfizer Vaccine as Pandemic Reaches Critical Point
 

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Comments (17)
Krzysztof Piton
Krzysztof Piton Dec 12, 2020 8:47AM ET
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this vaccin can be worst then corona virus .
Vinny Reddy
Vinny Reddy Dec 12, 2020 8:47AM ET
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give us your medicial credentials
Vinny Reddy
Vinny Reddy Dec 12, 2020 8:47AM ET
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give us your medicial credentials
Krzysztof Piton
Krzysztof Piton Dec 12, 2020 8:47AM ET
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this vaccin can be worst then corona virus .
Ronald Warren
Ronald Warren Dec 12, 2020 8:46AM ET
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My question: If the market really does look 6 months ahead, will the NASDAQ correct next week?
Jovan Joseph
Jovan Joseph Dec 12, 2020 8:46AM ET
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Kelly Mayer
Kelly Mayer Dec 12, 2020 7:38AM ET
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Average of 4.5% influenza cases in the first 10 weeks of the flu season in the previous years. This year is ar 0.15%. Think of it what you will
mohit pandey
mohit pandey Dec 11, 2020 11:38PM ET
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only for profiteering the vaccine being approved without proper tests ... a lot of people will face complications in coming years due to side effects
Stephen Corsaro
Stephen Corsaro Dec 11, 2020 11:38PM ET
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you haven't been keeping up. People who get the virus are already dealing with sequelae at 15% of those infected depending on how serious the disease progresses. It's all about advised consent. if you listen to rumors and can't understand the science you really can't be advised in order to give proper consent. just like prescription medication people don't have the required education to make a proper decision. You don't trust the system I can't blame you. but ...
michał pietrzykowski
michał pietrzykowski Dec 11, 2020 11:38PM ET
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it's not about trusting the system, it's common sense. read the facts
Poseidon Norseman
Poseidon Norseman Dec 11, 2020 11:11PM ET
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Isnt it one more good fabricated chance for bureaucratic-financial syndicate to get reacher?
James Bell
James Bell Dec 11, 2020 10:53PM ET
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vaccine finally here. no need for further stimulus. next worry will be Biden tax increases if Senate goes to dems.
jonah gaff
jonah gaff Dec 11, 2020 10:53PM ET
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no. economy was collapsing before covid.
Jay West
Jay West Dec 11, 2020 10:30PM ET
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Everyone should short Pfizer. That would be epic.
Ronald Sanks
Ronald Sanks Dec 11, 2020 10:18PM ET
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give it to the POLITICIANS 1st , if it wipes them out we want be lost ANYTHING
Jay West
Jay West Dec 11, 2020 10:18PM ET
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Love it.
Timothy Kilgore
Timothy Kilgore Dec 11, 2020 10:18PM ET
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spot on. Pelosi and Schumer first
Timothy Kilgore
Timothy Kilgore Dec 11, 2020 10:18PM ET
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spot on. Pelosi and Schumer first
James Bell
James Bell Dec 11, 2020 10:18PM ET
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Biden last please. we don't want Harris as president.
Jay West
Jay West Dec 11, 2020 10:14PM ET
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https://www.google.com/amp/s/fox2now.com/news/coronavirus/is-bells-palsy-a-risk-with-the-covid-19-vaccine/amp/
Jay West
Jay West Dec 11, 2020 10:14PM ET
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90% effective at blocking symptoms, but not the virus.
Brian Robertson
Brian Robertson Dec 11, 2020 10:14PM ET
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Jay West Since one of the many symptoms is death, seems worth it for a 90% chance to not die.
Dantes Victus
Dantes Victus Dec 11, 2020 10:14PM ET
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so vaccine has 10percent death lolol
Jack Zhang
Jack_A Dec 11, 2020 9:55PM ET
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good luck!
Jamidul Haque
Jamidul Haque Dec 11, 2020 9:50PM ET
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Im holding PFE
Jay West
Jay West Dec 11, 2020 9:50PM ET
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Sicko!
Jay West
Jay West Dec 11, 2020 9:50PM ET
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Sicko!
Eric Mayer
Eric Mayer Dec 11, 2020 9:49PM ET
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I don’t blame Trump. Do it tonight or someone else is doing it tomorrow. He’s dealing it’s inept senior citizens at the fda.
fabiano prandato
fabiano prandato Dec 11, 2020 9:49PM ET
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Brazil crash
Balaji Ramanathan
Balaji Ramanathan Dec 11, 2020 9:39PM ET
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That should really help build consumer confidence in the vaccine. You'll find me way at the back of the line! Good luck to the guinea pigs in front of me
Tony Ab
Tony Ab Dec 11, 2020 9:36PM ET
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These mf crooks are willing to *******their own by the thousands just so they can make this admin to look as bad as it can. England aproved , trials on vaccine have yelded very good results . So what in fk is the problem ?
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Ric Hoop
Ric Hoop Dec 11, 2020 9:36PM ET
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4 people got bell’s palsy during testing. Im not taking it.
Steve Graham
Major_Tom Dec 11, 2020 9:36PM ET
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Bell's Palsy is temporary and manageable.
Phillip Leiba
Phillip Leiba Dec 11, 2020 9:36PM ET
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You don't give an ultimatum to approve something that's safe, there's obvious apprehension because it's unsafe and being rushed for a virus that has a 99.997% survival rate. The whole thing is a crime against mankind.
Blake Dick
Blake Dick Dec 11, 2020 9:36PM ET
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Phillip Leiba who came up with a 99.997% survival rate. too obviously bogus stat. Just gives folks more ammo to promote bogus stats.
Brian Robertson
Brian Robertson Dec 11, 2020 9:36PM ET
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Ric Hoop 4 out of 44,000 is actually statistically lower than the .03% of people that experience Bell’s palsy each year. In addition to keeping you and your loved ones from getting sick, maybe it actually lowers your chance of getting Bell’s palsy? Or maybe this is just natures way of natural selection, by weeding out those that are too dumb to get a vaccine.
Imamul Bhuiyan
Imamul Bhuiyan Dec 11, 2020 9:35PM ET
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Gold will drop ?
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Meliodas King
Meliodas King Dec 11, 2020 9:35PM ET
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think so
Flavia Ro
Flavia Ro Dec 11, 2020 9:35PM ET
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why? I'm new to this and I don't see the correlation, can you help me understand?
Flavia Ro
Flavia Ro Dec 11, 2020 9:35PM ET
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why? I'm new to this and I don't see the correlation, can you help me understand?
Flavia Ro
Flavia Ro Dec 11, 2020 9:35PM ET
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why? I don't see the correlation, can you help me understand?
Yousef Aldwairi
Yousef Aldwairi Dec 11, 2020 9:35PM ET
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If will drop will not be more than 100$The economy suffer and the vaccine will not help the economy
 
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