US strikes 1.95B deal with PFE to provide vaccines FOR FREE

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www.bloomberg.com/news/articles/2020-07-22/pfizer-in-pact-with-u-s-for-100-million-covid-19-vaccine-doses-kcx9x3ww

This is all very fresh data but the US just struck a deal with Pfizer to provide 100million doses to Americans for free.

PFE pumping 5% pre-market.I’m not in pharma so I don’t know how does striking a deal with the government to provide literally FREE VACCINES will affect PFE’s bottom line-

Any thoughts on the fundamentals?

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.

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