President Donald Trump called the federal government's $1.95 billion deal with Pfizer and biotech firm BioNTech "a historic agreement" that will help the country distribute a coronavirus vaccine in record-breaking time. 

"Hopefully the approval process will go very quickly, and we think we have a winner there. We also think we have other companies right behind that are doing very well on the vaccines, long ahead of schedule," Trump told reporters at the White House on Wednesday.