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Brazil reaches deal to produce Oxford Covid-19 vaccine

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Brazil, the nation with the second-highest number of coronavirus cases and deaths, reached a deal with the U.K. to produce the Covid-19 vaccine that’s been developed by Oxford University and AstraZeneca Plc.Brazil will spend $287 million to buy vaccine doses and ingredients for as many as 100 million shots that it will be able to produce locally with the technology transfer, Health Ministry Executive Secretary Elcio Franco said at a press conference in Brasilia today.The first order, regardless of the final results of the vaccine clinical trials, will cost Brazil $127 million, Franco said.

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