That. Governor will have to let us know when hes ready for it. Otherwise, we cant be delivering it to a state that wont be giving it to its people. I know the people of new york very well. I know they want it. So the governor will let us know when hes ready. Hes had some very bad editorials recently about this statement and what has happened with respect to nursing homes, and i hope he doesnt handle this as badly as the nursing homes. But we are ready to provide it as soon as they let us know they will actually use it, and it is a very safe and great vaccine. We have among the lowest case fatality rates anywhere in the world, the entire world, and we performed significantly better than our peer countries. Also madetration has critical investments in therapies that have helped reduce the mortality rate by 85 . That is one of the most exciting things. It is incredible, some of the antibody vaccines and others that have come out and help people. Last month, the fda approved remdesivir and weve secured enough to treat 850,000 patients. My administration finalized an agreement with eli lilly to purchase the first doses of their antibody therapy, which shows amazing results. This treatment will be available free of cost to patients. Agreemento reached an with astrazeneca for the largescale manufacturing of their antibody treatment, which is excellent. Tremendous promise, but remember the 85 number. That is an incredible number. We have some tremendously promising drugs online and ready to come out. We have ensured that our frontline workers have all the tools they need. My administration has invoked the defense production act and have made a historic investment into our industrial base. All states that requested ppe from the federal government have received ppe. Every american who needed a ventilator has had access to a ventilator. Think of that. Very complicated piece of equipment, very expensive, and we havent had one person that has requested or needed a ventilator that hasnt had it. Every single request has been immediately filled. Now we are helping the rest of the world with ventilators. We are producing thousands of ventilators a month. The federal government has 22,000 beds immediately available for states and jurisdictions that need additional capacity. We think it is going to start going down possibly very quickly. With the vaccine, you will see numbers going down within a matter of months. As we continue to combat the virus, our economy is rebounding far beyond any expectations. To stock market is ready break the alltime record. Our jobs records are incredible. In the last six months, weve created over 13 million jobs and slashed the Unemployment Rate by more than half. We witnessed the fastest Economic Growth ever recorded. It is a number that is more than inble our highest, that was 1952. The United States experienced the smallest Economic Contraction and the most rapid economic recovery of any major western nation. We went down less and went up more, which is quite a combination of facts. While healthy americans have gone back to work, we continue to spare no expense to protect the elderly and vulnerable. According to some estimates, a National Lockdown cost 50 billions of dollars a day. Thisly, i will not go administration will not be going to a lockdown. Hopefully whatever happens in the future who knows i guess time will tell, but this administration will not go into a lockdown. Lockdowns cost lives and they cost a lot of problems. Thanure cannot be worse the problem itself. Ive said it many times. When you look at what happens during a lockdown, it is horrible what happens with drugs, alcohol, depression, loss of jobs, business closures. It is a terrible thing. ,his administration will not go under any circumstances, to a lockdown. We understand the disease. It is a complicated disease, but we understand it well. We ask all americans to remain vigilant, especially as the weather gets colder and it becomes more difficult to go outside. And with that, i just want to ask some very talented people to come up and say a few words. General perna and dr. Blau we have been incredible. The general is really Getting Started now. What people dont know, he started putting this altogether six months ago. Maybe you will started off, and then the doctor after that. We are going to finish it off with mike pence. Thank you, please. You, mr. President , everybody. Speeds mission is to enable accelerated andlopment of vaccines therapeutics to save lives. 15, we stated the goal of the operation was to have vaccines and therapeutics available and approved for use in the u. S. Population by the end of 2020. We said that while very challenging, the goal was credible and therefore was worth trying our best to achieve it. Today we are almost six months later and i think we can say that significant progress has been made. While we are not there yet, we are close to the objective. Let me share with you some facts. Side,ook at the vaccine we selected a portfolio of six vaccines using different technologies and elected to have two vaccines from each platform technology. Rna. Platform is by pfizer and one by the second platform is using viral vectors and we had one vaccine from j j and one vaccine from astrazeneca. And the third platform was the recombinant protein platform, with one vaccine from novavax and another one from a partnership between sanofi and glaxosmithkline. Are now innes Clinical Development stages and four of them are in phase three trials. Completedfectively enrollment in the phase three trial and one of the two announced on monday, thrilling information, they had 90 efficacy. Demonstrating that vaccination is possible against covid19. That the kind of choices we have made in terms of the antigens was effective, and made us other vaccines may also be effective. Moderna, the other company with a vaccine in a similar platform technology, announced that they have achieved the number of cases in their trial to allow for analysis, and i would expect that probably next week, we may hear other good information regarding the vaccine. The two other vaccines in phase , the j j vaccine and the astrazeneca vaccine, have recruited a few thousand subjects in their trials. I would like to invite as Many Americans as possible who would like to volunteer to participate in these Clinical Trials, as that is the only way we are able to achieve safety and efficacy of these vaccines. The last two vaccines are planned to start their phase three trials within the next few weeks. We are developing this vaccine, we have development in partnership with companies. Significantlyed in the manufacturing of this vaccine. We also have Vaccine Doses Available to immunize the u. S. Population. That arewo vaccines completing their phase three trial are likely to be filing their files with the fda for a potential emergency use authorization, and hopefully, if approved, they could be used for immunization in the u. S. Population in the month of december. We are glad to have enough Vaccine Doses Available for use in the u. S. Population to immunize about 20 million individuals in the month of december and another 25 to 30 million per month on an ongoing basis from there on. As of the month of february or march, if we have more vaccines approved, we may be able to immunize a larger number of americans. Operation warp speed didnt only focus on vaccines. We also looked at therapeutics. And we have worked with a number of companies, in particular, that are able to neutralize the virus. As mr. President said, we have partnerships with eli lilly, regeneron, and astrazeneca. Was granted an emergency use authorization to treat patients that are infected and at risk of hospitalization. Antibodies have also been filed for emergency use authorization, which is currently under review and potentially reaching approval within the next few weeks. Received a green light to start large phase three trials supported by operation the speed to prevent acquisition of covid19 in very frail subjects or in very high risk subjects. Potentially two vaccines and therapeutics might be granted emergency use authorization before the end of this year. I think it is a remarkable achievement. It is important to note that this progress has been achieved without any political interference. I said it many times. Beent every step has judged by independent expert bodies, whether it is when the fda grants the green light for Clinical Trials, or when the monitoring boards review the , andy on an ongoing basis sometimes put them on hold, as im sure you have witnessed. And the same data safety monitoring boards are independent boards of experts that analyze the efficacy of vaccines and the safety of vaccines and tell the companies whether they should progress with the filing of emergency use authorization or not. So it is not the companies. It is not operation warp speed. It is not the u. S. Government. Fda will review these vaccines and therapeutics, advice,l also have the the advisory, from board to the fda for vaccine after review of the data transparently and available to everybody before the fda then makes its decision to either authorize the vaccine or not. On that basis, i personally feel comfortable to say that the vaccines and therapeutics that we have developed will be judged independently, and if approved, should be used by all in the population. Because i believe vaccination is likely to be the cornerstone among all the other measures we have to take to help us really control this pandemic. I will now pass to michael leader, who will tell you more about the support the operation has provided to manufacturing of the vaccine and also distribution. Mr. President , thank you for allowing me to continue service of our great nation as the coleader on this mission. Let me start by emphasizing for me what is operation warp speed is about it is about saving lives. It is a Herculean Task that the president put us on many months out, we as just laid are making steady progress, and we are ready to execute. Best ofleveraged the federal government, states, industry, and academia, to expand capacity and capability to achieve our mission. It has been powerful. We have capitalized on the best contracting, logistics, and planning experts available to synchronize and integrate all phases of the operation, from development of the vaccine, manufacturing of the vaccine, and finally distribution of the vaccine. Six months ago, the capacity did not exist in our production base. We went to work building brickandmortar manufacturing facilities, bringing in the right specialized machinery and equipment and prioritizing supply chain materials through the defense production act. Today we expect to have tens of millions of doses immediately following and we will distribute them as soon as the fda applies the eua. We will do that within 24 hours of the eua. We are harnessing the strength of commercial industry and existing delivery capabilities and infrastructure. Our nation deserves this. Vaccines will be allocated by population so that we ensure fair and equitable across. We need the states who are part of the planning to accept the vaccine. We are working closely with the cdc, the 64 jurisdictions and states, to ensure the vaccine can safely get to those who needed first. Then we have plans to ensure that it spreads exponentially across our country and that no place is left without a vaccine. At the end of the day, our success is going to be judged by the available availability of the vaccine. It is the partnerships we have formed with pharmaceutical Companies Like pfizer and moderna, distribution Companies Like fedex and ups, and pharmacies like cvs and walgreens that have agreed to do things differently to think, how can we get this to the American People . We will be successful because of this all of america approach. This collaboration, this effort that everybody is leading towards. I will end where i started. This is about saving lives, the lives of the great American People, and we will not rest until we are successful and have irreversible momentum to returning our nation back to normal. Thank you, mr. President. Pres. Trump thank you. Great job. Thank you, mr. President , for providing the leadership that has gotten us where we are today. The success so far has been made possible only because of the bold vision you announced not even six months ago in the rose garden. To highlight three of the remarkable accomplishments this week, pfizer announced promising data on its vaccine candidate, the fda authorized and we have begun to distribute and administer eli lillys antibodies to help americans at risk for serious disease stay out of the hospital. Third, another Vaccine Company announced it has reached a Clinical Trial milestone. Toldin the spring, we were that a vaccine was a year or year and a half away. And the announcements i highlighted would have been unthinkable. The president said that is not acceptable and we are now on track to deliver a safe and effective vaccine. As i worked with the president to assemble this team and organize this effort, his support was indispensable. We found the very best people on the planet to do the job. The worlds most successful vaccine developer. One of the worlds most qualified logistic leaders. When i first talked to them about our goals and recruited them in this effort, we dreamed of being at the point we are at today, on track to achieve the incredibly ambitious goal we set together. The president gave us the full Financial Support we needed to invest more than 10 billion and manufacture products in advance. Our completely Unprecedented Partnership has given us a comprehensive publicprivate plan for distribution and helped each maker secure what they needed for manufacturing, including pfizers ongoing production this week. Operation warp speed has always had one goal, saving lives. The president has given no ws the independence it needs and ensure that we are following the procedures americans expect at every step. Drivenocess has been solely by science and data. That some have injected politics into the process and suggested the possibility of delaying access to an fda authorized vaccine, which is simply unconscionable. Operation warp speed is doing something that has been never done before. This means there is light at the end of the tunnel. Now is not the time to let our guard down. We encourage americans to wash your hands, watch your distance, wear a mask, and avoid settings where you cant do those things. Because of the incredible have such arit, we Bright Future ahead of us. If we continue to protect ourselves, our families, and our communities, i believe that future will be here soon. Thank you for making that very Bright Future possible for the American People. Mike pence, please. Vice pres. Pence thank you, mr. President. On behalf of the White House Coronavirus task force, i was grateful to have a few minutes today to commend the team at operation warp speed. It was your vision that we could harness the ingenuity and creativity of americas greatest pharmaceutical and Research Companies to speed in record time a vaccine that would save american lives. You told the American People we would have a vaccine before the end of the year and some scoffed at that timetable. But the team on operation warp speed didnt. These great Research Companies didnt. Articulated, the American People can be comforted with all the news this week, that help is on the way, that pending fda approval of the Pfizer Vaccine and perhaps very soon another vaccine by moderna and other companies, before the year is out, we will be able to administer a vaccine to tens of millions of americans, beginning with those most vulnerable, our seniors, beginning with our Health Care Workers and first responders. Medical unprecedented mobilization, the greatest in the history of our country, and i join you in commending this team. The White House Coronavirus task force will be meeting with our nations governors and our regular Conference Call this monday will be reviewing the progress on development of the vaccine, plans for distribution, but also reviewing each and every states plans for distributing the vaccine. Continue to urge governors to have those plans developed and ready for immediate implementation. Rising, as we see cases hospitalizations rising, i want to encourage the American People with the news that as we have done from the very beginning, we are going to continue to move heaven and earth to make sure your family has access to the level of health care that we would want any members of our family to have. I spoke to fema today and as reported at our last meeting, we are receiving requests from states for ppe, but we are meeting all of those requests. According to our team on the ground, we believe we will meet the requests for ppe and equipment both from the Strategic National stockpile and from the commercial market to make sure those needs are met. The American People can also be confident because of the system you established that since this past july, we are able to track ppe on a hospital by hospital basis so we can continue to , on thatas you said extraordinary record in america, where no american who required a ventilator has been denied a ventilator, no american who required an icu bed has ever been denied an icu bed. Help is on the way. Right around the corner. As one of the members of our task force said, the cavalry is coming. We want to encourage every american to make sure our Health Care System has the resources to support the supplies they need. ,s we see cases rising particularly in the heartland of this country, but in communities all around the country, continue to practice good hygiene, wash your hands, practice social distancing, wear a mask. We all have a role to play. We all know what to do to protect the vulnerable. American, allvery the good news this week, to continue to be persistent in putting the health of yourself, your family, your neighbors, coworkers, and friends first. We will get through this together. Thank you, mr. President. Pres. Trump thank you very much. [indiscernible] President Trump theyre ending a press conference at the rose garden with various white house officials. Also Vice President mike pence speaking there. The president earlier talking about the pending fda approval for the Pfizer Vaccine. Vice president mike pence saying moderna and other companies could follow. That those vaccines would be ready for high risk people sometime next year, that the elderly and other highrisk folks would be vaccinated first. Nothing in that press conference continuedpresident s calls for recounts in various states. He did not concede. No talk about the election or votes at all. The president did suffer some pretty big blows in terms of his fight to claim he has won this election in various states. Georgia was called for joe biden. Arizona called for joe biden. North carolina called for trump. The Trump Administration did drop a lawsuit in arizona and other legal challenges in other states. I want to bring in mario parker, who covers the white house. Hes been following this press conference. Witharmstrong actually is us from our bloomberg biotech team to talk about the vaccine. Drew, give us the download on what the president had to say sure, there wasnt a tremendous amount, it was just a recap of a lot of things that we already knew. That said, this has mostly been what appears to be good news, in terms of the availability and the positive topline efficacy results from pfizer. We still dont really have any Safety Information from the company other than a brief line saying there were not major safety signals they observed. The president s comment that the vaccine is safe, i hope thats the case, but we are waiting on the data. The rest of it is mostly just a recap of things we have heard from the administration in the last few weeks and months already. Theres a lot of politics involved, but what do you make of the timing of this as the presiden