"When you get money from someone that always comes with strings. Later, Bourla told Brennan he wanted to ensure researchers were able to focus on "scientific challenges" exclusively, and allow the company to pursue a potential vaccine candidate without pressures that accompany outside intervention or oversight. "But the reason why I did it was because I wanted to liberate our scientists from any bureaucracy." That will not break the company, although it is going to be painful because we are investing one billion and a half at least in COVID right now," the CEO added. "If fails, it goes to our pocket," Bourla said, responding to a question from Brennan about why the company risked shouldering the financial burden of research and development when it could have received BARDA funding through Operation Warp Speed. Albert Bourla, said in a September interview with CBS News' Margaret Brennan. Pfizer declined the R&D funding in order to "liberate" scientists from bureaucratic limitations as they worked to develop a COVID-19 vaccine, the pharmaceutical company's CEO, Dr. Pfizer COVID Vaccine: Scientists React with Caution and Questions.Pfizer COVID Vaccine Prompts Avalanche of Memes Celebrating the News.Pfizer Research Head Distances COVID-19 Vaccine From Operation Warp Speed.government, the company did not accept BARDA funding for the research and development process," the statement continued.
"While Pfizer did reach an advanced purchase agreement with the U.S. "Pfizer is proud to be one of various vaccine manufacturers participating in Operation Warp Speed as a supplier of a potential COVID-19 vaccine," a Pfizer spokesperson said in a statement sent to Newsweek Monday afternoon. government for nearly $2 billion under Operation Warp Speed, company personnel have made a point to note that it financed research and development independently. It was designed with intentions to produce and distribute 300 million doses of safe, effective COVID-19 vaccines by January, in coordination with contracted companies.Īlthough Pfizer did agree to distribute at least 100 million doses of its vaccine, if proven safe and effective, to the U.S. Donald Trump's administration launched the initiative near the onset of the coronavirus pandemic. Pfizer clarified its relationship with Operation Warp Speed on Monday afternoon, after earlier comments from the pharmaceutical company's research-and-development chief seemed to indicate it did not have ties to the White House program.
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