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
Im steve clemons, editor at large of the hill thank you for joining us for covid19 and a responsible rx supply chain, looking at the resiliency of the Prescription Drug supply chain during a global pandemic. Id like to thank the distribution alliance. The coronavirus pandemic has upended our lives and forced the new normal upon us. While accommodations can be made for our lifestyle choices theres little legibility when it comes to our health care. For those most at riskexaccess to regular medication isnt a choice and in some cases its a matter of life and death. Both the Healthcare System and patience have changed their behaviors. As a consequence concerns have arisen regarding drug availability and shortages. What are stakeholders doing o to ensure that disruptions do not occur and there is collaboration between the public and private sectors and what plans are being put in place for distribution of this vaccine once it becomes available . We discuss all of this with some of the smart
Less normally. Lets start there, jim, in terms of the market overall. I have a lot of insight this morning to share on the credit markets where i tend to be focused of late. Like to come to you. When you see a rally, the likes of which we may at the open this morning, what are you thinking what i think about when i see this, the market got oversold, people last night went home thinking theres no possibility of any sort of deal. Without a deal all you have is the fed making sure theres liquidity but nothing in the hands of the people. If you dont get money in the hands of people, people will look at the landscape and say its really just falling apart something has to get done. Now theres an expectation that something will get done. If we dont get something done today with the senate, youll give up this whole rally youre banking on the politics getting together for something, otherwise this rally will be comical and you will wish you never bought in. Well be able to offer hopefully peopl
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