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PFIZER, INC.

(PFE)
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Coronavirus: The United States Provides Additional $5 Million for Urgent Coronavirus Assistance in Egypt

10/14/2021 | 10:04am EST

The U.S. Government, through the U.S. Agency for International Development, is providing over $5 million in urgent Coronavirus assistance for Egypt in cooperation with the Ministry of International Cooperation and the Ministry of Health and Population. This assistance will support health workers administering vaccines and strengthen the supply chain of vaccines to ensure equitable access throughout Egypt. The funding will also strengthen the ability of Egypt's health system to prevent, detect, and respond to the Coronavirus and to future public health threats.

"This additional $5 million in Coronavirus support reaffirms the U.S. Government's commitment to support Egypt through the global health crisis," said U.S. Ambassador Jonathan R. Cohen. "The United States and Egypt have been working side-by-side to fight Coronavirus. At the outset of the pandemic, Egypt sent medical supplies to the United States. And last week, I was pleased to welcome the arrival of 1.6 million Pfizer vaccine doses."

"Committed to recovery, the Government of Egypt is utilizing international cooperation with bilateral and multilateral development partners to respond to the challenging repercussions posed by the pandemic. Egypt's cooperation with the United States has supported the country's national agenda, in line with the UN Sustainable Development Goals, namely in the health, education and gender sectors," said H.E. Dr. Rania A. Al-Mashat, the Minister of International Cooperation, commenting on the additional U.S. commitment of $5 million for urgent COVID-19 assistance.

"I'd like to thank the United States Government for their support and long-standing cooperation, especially during the COVID-19 pandemic. We appreciate international solidarity during this time of crisis. Last week, we graciously received the first shipment of Pfizer vaccine donations from the U.S. through COVAX, which will help Egyptians stay healthy during this difficult time. USAID and the Ministry of Health and Population have a long history of cooperation in the health sector, and I look forward to further cooperation in the years to come," said H.E. Dr. Hala Zayed, Minister of Health and Population.

The U.S. Government, through USAID, has now provided more than $55 million in Coronavirus assistance to Egypt since the pandemic began, already reaching nearly 18 million people with needed health and economic support. USAID programs train health care workers, improve tracking of and response to the pandemic, provide food assistance to families affected by the pandemic, and support small businesses. This support builds on more than $1 billion in U.S. government investment over the past 40 years to improve the health of all Egyptians.

Diseases know no borders. The United States is committed to partnering with Egypt to end the Coronavirus pandemic, mitigate its devastating social and economic impacts, and build a world prepared for future outbreaks.

Distributed by APO Group on behalf of U.S. Embassy - Cairo, Egypt.

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2021 81 517 M - -
Net income 2021 21 354 M - -
Net Debt 2021 27 873 M - -
P/E ratio 2021 14,0x
Yield 2021 2,91%
Capitalization 305 B 305 B -
EV / Sales 2021 4,08x
EV / Sales 2022 3,84x
Nbr of Employees 78 500
Free-Float 59,3%
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Albert Bourla Chairman, Chief Executive & Operating Officer
Susan Silbermann President & General Manager-Pfizer Vaccines
Frank A. D'Amelio Chief Financial Officer & EVP-Global Supply
Mikael Dolsten Chief Scientific Officer & Research President
Lidia L. Fonseca Executive VP, Chief Digital & Technology Officer
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