• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Current price of oil as of June 22, 2026

3

Current price of silver as of Monday, June 22, 2026

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Current price of oil as of June 22, 2026

3

Current price of silver as of Monday, June 22, 2026
HealthCoronavirus

COVID-19 treatment and vaccines will be in short supply without new funds, White House warns

By
Josh Wingrove
Josh Wingrove
,
Jordan Fabian
Jordan Fabian
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Josh Wingrove
Josh Wingrove
,
Jordan Fabian
Jordan Fabian
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
March 15, 2022, 12:30 PM ET
Add Fortune on Google for similar content.

The U.S. government says it’s cancelling a planned order of monoclonal antibody treatments for COVID-19 infections and warned that the country could eventually run short of vaccines because of a lack of funding.

The White House made the announcement Tuesday as it renews calls for Congress to authorize a fresh round of funding for the government’s COVID-19 response. Weeks of effort have fallen flat, leaving the administration to begin to claw back shipments and warn they may soon end. 

The funding is needed for new orders of treatments, to ensure fourth doses of vaccines are available for all Americans if needed and to continue to test and treat people at home and abroad, officials said on a briefing call Tuesday, speaking on condition of anonymity.

The administration’s warning comes as it presses for more money after its request for $22.5 billion failed to be included in an omnibus funding package. Republicans were seeking offsets for some $15.6 billion in new COVID funding, and Democrats balked at those demands. The White House is still seeking $22.5 billion, the officials said.

The flow of monoclonal antibodies will run dry in May without new funding this month, and the supply of a pre-exposure treatment for immunocompromised people will run out in July, administration officials have warned in a series of briefings and letters to lawmakers.

In the call Tuesday, the officials said a planned order of hundreds of thousands of courses of monoclonal treatments is being cancelled because it does not have the necessary funding. The administration has so far ordered enough of Pfizer Inc.’s antiviral pill, Paxlovid, for 20 million people. 

The U.S. will also need new funding in the event that Americans need a fourth dose or a variant-specific vaccine, the officials said. As of now, they haven’t ordered enough to allow for all people to get a fourth shot if needed. The U.S. needs to place orders now to ensure arrival in the coming months.

The lack of additional funding will also hobble efforts to vaccinate the world, the officials said—and thereby reduce the chance a new variant will arise and eventually hit the U.S. It would impede development of new treatments and drugs, including antiviral treatments that require people to take fewer pills.

Test production will also slow in the summer without new funding, the officials said, raising the risk of a repeat of 2021, when production slowed in the summer amid lower case counts, leading to test shortages during the fall and winter surge.

The administration has regularly briefed Congress on the approaching cliffs in supply. Since January, officials including the acting director of the Office of Management and Budget, Shalanda Young, briefed Congressional figures more than three dozen times, one official familiar with the process said. The White House has also written repeatedly, providing tables and figures detailing the need, the official said.

A fund for testing, treating and vaccinating the uninsured will be scaled back this month and ended completely in April. The White House has also said that the federal supply of anti-viral pills, given to people who have the virus, will be exhausted by September.

U.S. COVID cases have plunged from highs seen in January, and new hospitalizations are down 89% from highs set that month, data from the Centers for Disease Control and Prevention show. However, wastewater monitoring data hints that cases are now rising again, though the milder nature of the Omicron variant has led officials to shift away from case totals as a chief measure of severity.

Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you.

About the Authors
By Josh Wingrove
See full bioRight Arrow Button Icon
By Jordan Fabian
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Health

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Health

Woman hides from the sun in front of Big Ben in London
EconomyEurope
‘London isn’t just calling—it’s cooking.’ Europe’s largest economies face over $600 billion in heat-driven losses by 2030
By Tristan BoveJune 23, 2026
1 hour ago
For the first time ever, no young women in England died of cervical cancer. In the U.S., RFK Jr.’s vaccine skepticism stalls HPV progress
HealthHealth
For the first time ever, no young women in England died of cervical cancer. In the U.S., RFK Jr.’s vaccine skepticism stalls HPV progress
By Catherina GioinoJune 23, 2026
2 hours ago
heat
Environmentclimate change
Planet’s heat bill comes due as one billion more people face extreme heat stress than in the 1970s
By Alexa St. John and The Associated PressJune 22, 2026
21 hours ago
A man watching a straw hat hands a woman with gray hair a hat.
EnvironmentFrance
Europe’s current heat wave is so bad the French are considering banning outdoor drinking and adopting AC ‘if necessary’
By Oleg Cetinic, Angela Charlton and The Associated PressJune 22, 2026
1 day ago
A pet emergency can cost $8,000. For millions of Americans, that bill is now a ‘life and death’ decision
Personal Financepets
A pet emergency can cost $8,000. For millions of Americans, that bill is now a ‘life and death’ decision
By Sydney LakeJune 22, 2026
1 day ago
quartz
Healthhome renovations
Your quartz countertop is the new asbestos — for the workers who cut it
By David Michaels, Robert Harrison and The ConversationJune 21, 2026
2 days ago

Most Popular

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
2 days ago
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
1 day ago
Current price of silver as of Monday, June 22, 2026
Personal Finance
Current price of silver as of Monday, June 22, 2026
By Joseph HostetlerJune 22, 2026
1 day ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
9 hours ago
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
Economy
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
By Jason MaJune 22, 2026
1 day ago
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
Success
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
By Preston ForeJune 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.