Author: Vitaliy Dadalyan

Pfizer, BioNTech Ink UK Supply Deal For 30M Covid-19 Vaccine Doses

Pfizer Inc (PFE) and BioNTech SE (BNTX) have announced an agreement with the UK to supply 30 million doses of their BNT162 mRNA-based coronavirus vaccine candidate, currently in development. The agreement is subject to clinical success and regulatory approval for the vaccine.Financial details of the agreement were not disclosed, but the terms were based on the timing of delivery and the volume of doses.“We’re harnessing our scientific expertise, and we’re marshaling our manufacturing resources to ensure that the vaccine would be available as soon as possible,” said Albert Bourla, CEO of Pfizer. “This agreement is a testament to our shared goal to have millions of doses of a vaccine against COVID-19 available before the end of the year.”The BNT162 program is based on BioNTech’s proprietary mRNA technology and supported by Pfizer’s global vaccine development and manufacturing capabilities.The Pfizer/BioNTech vaccine development program is evaluating at least four experimental vaccines, each of which represents...

Britain signs deals with Pfizer, BioNTech, Valneva for COVID-19 vaccines

Britain has signed deals to secure 90 million doses of two possible COVID-19 vaccines from the Pfizer Inc and BioNTech alliance and French group Valneva, the business ministry said on Monday. Britain had secured 30 million doses of the experimental BioNTech/Pfizer vaccine, and a deal in principle for 60 million doses of the Valneva vaccine, with an option of 40 million more doses if it was proven to be safe, effective and suitable, the ministry said....

Britain secures 90 million possible COVID-19 vaccine doses from Pfizer/BioNTech, Valneva

Britain has signed deals to secure 90 million doses of two possible COVID-19 vaccines from an alliance of Pfizer Inc and BioNTech, and French group Valneva, the business ministry said on Monday. Britain secured 30 million doses of the experimental BioNTech/Pfizer vaccine, and a deal in principle for 60 million doses of the Valneva vaccine, with an option of 40 million more doses if it was proven to be safe, effective and suitable, the ministry said....

Touchstone Announces Significant Cascadura Independent Reserves Evaluation

CALGARY, AB, July 20, 2020 /CNW/ - Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (TSX: TXP), (LSE: TXP) announces highlights of our independent reserves evaluation of the Cascadura Assessment Area prepared by GLJ Ltd. ("GLJ") with an effective date of June 30, 2020 (the "Cascadura Reserves Report"). The Cascadura Assessment Area is located in the Company's Ortoire exploration block, onshore in the Republic of Trinidad and Tobago (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest)....

Citi Says It’s ‘Only a Matter of Time’ Before Gold Hits a Record

(Bloomberg) -- Bullish factors building in the bullion market are set to see prices take out the record set in 2011, according to Citigroup Inc.Prices are benefiting from loose monetary policy, low real yields, record inflows into exchange-traded funds and increased asset allocation, analysts including Ed Morse wrote in the bank’s third-quarter commodities outlook. Gold is expected climb to an all-time high in the next six-to-nine months, and there’s a 30% probability it’ll top $2,000 an ounce in the next three-to-five months.“Nominal gold prices have already posted fresh records in every other G-10 and major emerging market currency this year,” the Citigroup analysts said. “It is only a matter of time for fresh” highs in U.S. dollars, they said.Gold has surged 19% this year to the highest in almost nine years as the coronavirus pandemic drove investors to havens, while easier monetary policy and other measures to shore up economies also...

Korean Battery Maker LG Chem Lifted By Tesla Boom

Jul.20 -- The global demand for electric cars, particularly those from Tesla, is boosting a South Korean battery maker that is now the world’s number 1. LG Chem has surged more than 60% this year to a valuation of about $30 billion and is now the sixth largest stock on the Kospi index. Bloomberg’s Heejin Kim reports on “Bloomberg Markets: Asia.”...