Wall Street Journal | Coronavirus Vaccine Data Raises Hope for Trio of Candidates & U.S. Strikes $2 Billion Deal for Virus Vaccine

July 21 & 22, 2020

The Wall Street Journal featured encouraging news this week about a possible COVID-19 vaccine, generating substantial interest from leading Medical Practices and Physicians whom outsource their medical billing and collections to Physicians Billing Service.

In ‘Coronavirus Vaccine Data Raises Hope for Trio of Candidates’, WSJ Journalists Stu Wu and Peter Loftus highlight “the prospects of successfully developing a coronavirus vaccine as soon as this year were buoyed Monday when three of the world’s leading candidates reported positive early trial data (Oxford researchers and AstraZeneca, Pfizer, and German partner BioNTec , and China’s CanSino Biologics.

On July 22, 2020, in ‘U.S. Strikes $2 Billion Deal for Virus Vaccine’, WSJ journalists Jared S. Hopkins and Chris Wack report “under the $1.95 billion agreement, the U.S. Department of Health and Human Services and the Defense Department will receive 100 million does of the vaccine (from Pfizer and BioNTech SE) should it be clear3ed by regulators, and can also acquire an additional 500 million doses”.  Notably, “the vaccine, which has shown promising preliminary results in small groups of patients, is set to enter late-stage testing this month” and “opens the door for health regulators to permit use as early as the fall, if the shots prove to work safely in phase 3 trials”.

With unemployment rising again in the United States, another stimulus bill being considered by legislators, and our healthcare system strained, promising news on possible vaccines by the fall, is welcomed news.

Physicians Billing Service is thankful to our clients – the best Medical Practices and Physicians in Infectious Disease and Critical Care, whom are on the frontlines of offering exceptional patient care during these trying times.

To read the full articles, visit the Wall Street Journal’s web site.

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