HEALTH | Biontech To Price Vaccine Below Market Rates, Differentiate Between Regions

MILAN | ITALY – – BioNTech, first in the race to produce evidence of a working COVID-19 vaccine, is planning to price the two-show regime below ‘typical market rates’ an would differentiate pricing between counties or regions.

Speaking at a Financial Times online event, the German biotech firm’s strategy head Ryan Richardson said the price tag of the vaccine, which is co-developed with Pfizer and which has yet to win regulatory approval, would the financial risks that its private-sector investors have incurred.

‘We’ve tried to pursue a balanced approach that recognize that innovation requires capital and investment so we plan to price our vaccine well below typical market rates reflecting the situation that we’re in and with the global to insure broad – based access around the world’, Richardson said at the FT event.

‘I expect there to be differential pricing in certain regions of the world’, he added, declining to elaborate on the different price tags.

BUSINESS | Nestle To Invest 3.2 Billion Sfr To Cut Carbon Emissions

Zurich – – Nestle said on Thursday it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years to reduce its climate impact and help it get to net zero emissions by 2050. The world’s biggest food company said it would work with farmers and suppliers to promote regenerative agriculture, plant … Continue reading BUSINESS | Nestle To Invest 3.2 Billion Sfr To Cut Carbon Emissions

NEWS ALERT | Iran Ready To Show Goodwill If U.S., Europe Abide By Nuclear Deal: Zarif

MILAN – – Iran will fully comply with a 2015 deal aimed at preventing it from developing nuclear weapons if both the United States and Europe honour their original commitments, Iranian Foreign Minister Mohammad Javad Zarif said on Thursday. U.S. President Donald Trump quit the pact in 2018, saying it did not do enough to … Continue reading NEWS ALERT | Iran Ready To Show Goodwill If U.S., Europe Abide By Nuclear Deal: Zarif

BREAKING NEWS | Multiple Casualties At English Warehouse Blast, Fire Brigade Says

LONDON – – A large blast in a warehouse near Bristol in England has caused multiple casualties, a spokeswoman for the fire brigade said on Thursday. The fire service had previously said on Twitter that it was responding to an incident after being called to a large explosion in Avonmouth, south west England. It said … Continue reading BREAKING NEWS | Multiple Casualties At English Warehouse Blast, Fire Brigade Says

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