Pfizer's Jacking Up the COVID Vaccine Cost to 10,000 Percent Its Production Cost

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Pfizer's Jacking Up the COVID Vaccine Cost to 10,000 Percent Its Production Cost
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In the next year, Pfizer plans to nearly quadruple the per-dose price of their COVID-19 vaccine, jacking costs from $20 to $30 per shot to $110 to $130.

that next year, pharma giant Pfizer plans to nearly quadruple the per-dose price of their COVID-19 vaccine, jacking costs from $20 to $30 per shot to $110 to $130.what it costs Pfizer to actually make it.

The People’s Vaccine Alliance, an international group committed to ensuring vaccine access, has reportedly condemned the price hike as "daylight robbery." Of course, for Pfizer, the price hike would be an. Like other American drug companies, Pfizer, first and foremost, is a business.

"We expect Moderna to adapt to this signal," SVB Securities analyst David Risinger said in a research note, according toHe reportedly added that he expects Pfizer/BioNTech, Moderna and Novavax to all "[price] in a similar range for the foreseeable future."

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