Atrium Health aims to be early vaccine distributor




, Atrium Health aims to be early vaccine distributor

CHARLOTTE, N.C. (AP) The CEO of Atrium Well being in North Carolina mentioned he anticipates the hospital system will probably be chosen as an “early web site” to distribute the COVID-19 vaccine being developed by Pfizer Inc.

Atrium Well being CEO Gene Woods mentioned at a board assembly Tuesday that they’ve already bought refrigeration models that would retailer 300,000 doses, The Charlotte Observer reported.

Refrigeration is critical because the Pfizer vaccine, which the corporate says has 90% effectiveness based mostly on early and incomplete check outcomes, must be saved at low temperatures. Woods didn’t say how a lot cash they price.

Pfizer, which is creating the vaccine with its German accomplice BioNTech, now’s on observe to use later this month for emergency-use approval from the U.S. Meals and Drug Administration, as soon as it has the required security data in hand.

Even when all goes effectively, authorities have pressured it’s unlikely any vaccine will arrive a lot earlier than the tip of the yr, and the restricted preliminary provides will probably be rationed. Pfizer has estimated it may have 50 million doses out there globally by the tip of 2020, sufficient for 25 million individuals.

The Charlotte-based Atrium Well being has taken a monetary hit this yr because it responded to the virus outbreak, initially suspending many non-essential surgical procedures to preserve assets. On Tuesday, they reported an working revenue of $22 million for the primary 9 months of the yr, in comparison with an budgeted revenue of $177 million.

“This has been a yr like no different,” Woods mentioned.