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Rockland’s Pfizer-U.S. Government Reach $1.95B Deal to Provide Americans with Free COVID-19 Vaccine

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PEARL RIVER, NY – Pfizer Inc. and BioNTech SE today announced the execution of an agreement with the U.S. Department of Health and Human Services and the Department of Defense to meet the U.S. government’s Operation Warp Speed program goal to begin delivering 300 million doses of a vaccine for COVID-19 in 2021.

Under the agreement, the U.S. government will receive 100 million doses of BNT162, the COVID-19 vaccine candidate jointly developed by Pfizer and BioNTech, after Pfizer successfully manufactures and obtains approval or emergency use authorization from U.S. Food and Drug Administration (FDA).

 

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The U.S. government will pay the companies $1.95 billion upon the receipt of the first 100 million doses, following FDA authorization or approval. The U.S. government also can acquire up to an additional 500 million doses.

Americans will receive the vaccine for free consistent with U.S. government’s commitment for free access for COVID-19 vaccines.

“We’ve been committed to making the impossible possible by working tirelessly to develop and produce in record time a safe and effective vaccine to help bring an end to this global health crisis,” said Dr. Albert Bourla, Pfizer Chairman and CEO. “We made the early decision to begin clinical work and large-scale manufacturing at our own risk to ensure that product would be available immediately if our clinical trials prove successful and an Emergency Use Authorization is granted. We are honored to be a part of this effort to provide Americans access to protection from this deadly virus.”

“Expanding Operation Warp Speed’s diverse portfolio by adding a vaccine from Pfizer and BioNTech increases the odds that we will have a safe, effective vaccine as soon as the end of this year,” said HHS Secretary Alex Azar. “Depending on success in clinical trials, today’s agreement will enable the delivery of approximately 100 million doses of this vaccine to the American people.”

Rockland County Executive Ed Day commented on the news – “It is right here in Pearl River where the majority of Pfizer’s R&D efforts to support this vaccine are taking place. Thank you to everyone at Pfizer’s Pearl River site for their hard work developing a possible vaccine.”

More information:

  • U.S. government placed an initial order of 100 million doses for $1.95 billion and can acquire up to 500 million additional doses
  • Americans to receive the vaccine for free consistent with U.S. government’s commitment for free access for COVID-19 vaccines
  • Pfizer and BioNTech remain on track to begin an anticipated Phase 2b/3 safety and efficacy trial later this month, seek regulatory review as early as October 2020, and manufacture globally up to 100 million doses by the end of 2020 and potentially more than 1.3 billion doses by the end of 2021

Business

7-Eleven Opens in Palisades Mall

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WEST NYACK, NY – 7-Eleven Inc., one of the most popular names in convenience retailing, opened a new store at Palisades Center on Wednesday, September 23. The location is located on level one near Best Buy and is one of several mall locations 7-Eleven plans to open in the future.

The 3,500-square-foot store, open from 11 a.m. until 7 p.m. Monday through Saturday, and 11 a.m. until 6 p.m. on Sunday, gives customers a place to take a break from shopping and grab one of their favorite 7-Eleven treats, including Big Gulp® and Slurpee® drinks, Big Bite® hot dogs, new ovens for cookies baked in the store daily, 7-Select™ snack items and more.

This location also includes the brand’s new expanded hot and cold beverage menu, with the addition of touch-screen machines that brew custom hot coffee drinks like lattes, cappuccinos and espresso shots in just seconds. Customers can make their cup, their way at the expansive condiment station with various toppings, sprinkles and sweeteners.

As with all proprietary 7 Eleven beverages, the cup size determines the price, not what goes in it – whether it’s a tall hot cup of Colombian or an iced latte with non-fat milk, an extra shot of espresso and sugar-free hazelnut syrup. Competitive prices are a far cry from typical coffeehouse prices.

“We strive to provide our guests with a great shopping experience,” said Darrin Houseman, General Manager of Palisades Center. “The addition of 7-Eleven gives guests a quick place to recharge so they can continue shopping and having fun.”

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Assemblyman Schmitt Recognizes Emerald Retirement Planning, Inc as September’s Small Business of the Month

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STONY POINT, NY –  Assemblyman Colin J. Schmitt has selected Emerald Retirement Planning, Inc, in Stony Point as the Small Business of the Month for September.

On a monthly basis, Assemblyman Schmitt selects a small business in his district to highlight and show appreciation. Emerald Retirement Planning, Inc, is located at 18 Liberty Square Mall, Stony Point, NY and owned by Matthew Clement.

Assemblyman Colin J. Schmitt stated, “As businesses start to re-open from COVID-19 shutdowns I am happy to recognize Emerald Retirement Planning, Inc. in Stony Point as our small business of the month for September. Emerald Retirement Planning, Inc. has been serving the Stony Point community since 2004 and is known for offering retirement and financial planning services. Matthew and his team are heavily involved with the community and always giving back to others in need and volunteering time for worthy causes. I am proud to honor Matthew’s business as our September small business of the month!”

Matthew Clement, Owner of Emerald Retirement Planning Group, stated, “I am grateful to Assemblyman Schmitt for recognizing us as the Small Business of the Month for September. At Emerald, we help people with the investment management necessary to retire comfortably and remain comfortably retired, along with all the other planning issues that come up along the way. My team and I don’t just work in North Rockland; we also live here and are raising our families here, so being community-focused is extremely important to us.”

Town of Stony Point Supervisor Jim Monaghan also joined the ceremony and stated, “I am thrilled to stand by Assemblyman Schmitt and his selection of Emerald Retirement Planning, Inc. as the honored Small Business of the Month! It is always a pleasure to have our Assemblyman here in Stony Point and we appreciate his continued support of our community.”

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