McKesson Corp. will help distribute a vaccine for the novel coronavirus in the U.S., President Donald Trump said on Friday, as part of the government’s efforts to speed an inoculation to the American public.
The company will be a central distributor of both vaccines and related supplies needed to administer them, the U.S. Department of Health and Human Services said in a statement. The government is exercising an option in an existing contract with McKesson.
“Today’s announcement puts another building block in place as the Nation moves toward a safe and effective Covid-19 vaccine,” said Centers for Disease Control and Prevention Director Robert Redfield in the statement.
McKesson’s vaccine distribution contract with the government started in 2017 and has the potential to total more than $300 million, according to a federal spending database. The company has had similar contracts in the past, for example distributing the H1N1 vaccine during 2009-2010 H1N1 pandemic.
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