And it is considered the Gold Standard regulator of medical products. We applied our high standards to review this product so that americans can have trust and confidence that the vaccine meets our rigorous standards for safety and effectiveness. Americans can have trust and confidence that the vaccine meets our rigorous standards for safety and effectiveness. With this authorization, we know our federal partners are moving to distribute the first doses of the vaccine throughout the country. The fdas authorization for this vaccine is a significant milestone in battling a devastating pandemic that has affected so many families in the u. S. And around the world. Our action comes as we near the end of what has been truly a year unlike any other in modern times. While this year has been marked by tragedy and sadness, it is also a year with unparalleled Scientific Achievement that will resonate for many future generations. Scientific processes for Product Development for vaccines traditiona
This press conference. I am pleased to announce that late yesterday, the fda authorized for emergency use the Pfizer Biontech this is the first e first covid9 vaccine to be auth orthe United States. The fda disrespected gold wide worldwide and it is considered the Gold Standard regulator of medical products. We applied our high standards to review this product so that americans can have trust and confidence that the vaccine meets our rigorous standards for safety and effectiveness. With this authorization, we know our federal partners are moving to distribute the first doses of the vaccine throughout the country. The fdas authorization for this vaccine is a significant milestone in battling a devastating pandemic that has affected so many families in the u. S. And around the world. Our action comes as we near the end of what has been truly a year unlike any other in modern times. While this year has been marked by tragedy and sadness, it is also a year with unparalleled Scientific Achi
Welcome. There has been investment in the science and manufacturing of developing a vaccine and rolling it out in record time and getting it to everybody around the world. To tryf us came together andunderstand this journey to quantify the uncertainties in the science and scaling up of such a product and to reflect on what this means for policymakers and societies all over the world. What is the chance of getting a vaccine in the next 12 months, how long will it take to manufacture it to scale, and how governments done in designing their vaccine portfolios, but why does this matter . Taxpayers need to know this information. We are aware of industries and governments that have their own internal models and analyses. The stakes are too high and the information shared so far has been so little and hard to. Erify not only is this needed to plan buildlios, but to help trust, without which a vaccine will never work however successful. Today we are sharing our findings with you including the
Been living through an unprecedented health, economic and social crisis. A global catastrophe many have predicted and index of which are living around the world, a vaccine which has been hailed threat as the only solution to this crisis to the covid pandemic, and there has been investment in the site and manufacturing a developing such a vaccine rolling about in record time and getting it ideally to everybody around the world. A few of us get together a few months ago building upon in may this year to try to understand this journey to characterize the vaccine for polio, scaling up of such a product. And to reflect on what this means for policymakers and for society all over the world. What are the chances of getting a successful vaccine the next 12 months on how long will it take to manufacture it to scale, how good a job have government, collisions of government, donors and supranational organizations done in designing their vaccine portfolios why does any of this matter . National pe
Microphones anytime you speak. During the any time hearing, the chairman the vice chairman of the committee, congressman kennedy will serve as chair until i am able to return. Beuments for the record can sent to Benjamin Tabor at the email address provided to staff. All documents will be entered into the record at the conclusion of the hearing. The chair will not recognize herself for an opening statement. Today the energy and Commerce Committee continues its oversight of the nations covid19 Pandemic Response. Examining the pursuit of a safe and effective covid19 vaccine that the American People can trust. In the eight months that we battled covid19, over 7 million americans have had the virus, and over 200,000 of them have lost their lives. Millions of the phase unemployment and have lost their Health Insurance, and families are still juggling childcare and virtual classrooms. The list of those most vulnerable to covid19s especially on the line as the virus continues to spread across