Manila Mayor Francisco “Isko Moreno” Domagoso affirmed the readiness of the local government to buy P250-million worth of coronavirus vaccines from Pfizer during a virtual meeting initiated by the mayor with top Pfizer officials Tuesday night.
Pfizer, the New York-based pharmaceutical company announced Monday that its drug has shown 90 percent effectiveness in protecting people against the deadly virus. The drug being developed jointly with German firm BioNTech, is one of more than 40 candidate vaccines.
The companies said they could pass the final hurdles for a US rollout later this month, and could supply up to 50 million doses globally this year and up to 1.3 billion next year.
However, safety data still needs to be verified before it gets authorization.
“Muli nating ipinaalam sa kanila ang kahandaan ng Pamahalaang Panglunsod ng Maynila na bumili ng inisyal na P250 milyon (additional P50M) na halaga ng bakuna mula sa kanila para sa mga taga Maynila (We reiterated the readiness of the city to buy an initial P250-million worth of vaccines from them for Manileños),” he said in a Facebook post.
“Kapit lang. Makakaraos din tayo sa krisis dulot ng pandemyang ito (Hold on. We will be able to surpass this crisis brought about by this pandemic),” he added.
In July, Mayor Isko ordered the city government to earmark P200 million from its 2021 budget for the purchase of free COVID-19 vaccines for city residents.
Philippine Ambassador to the United States Jose Manual Romualdez said Pfizer is ready to supply their vaccines to the country by early next year and after it gets regulatory approval from United States and Philippine authorities.
The pharmaceutical company might sell the vaccine for $5 or around P240 per shot.