Pfizer COVID vaccine price hike seen giving revenue boost for years Bıodrg - Cmpny HEAD TOPICS

Pfizer COVID vaccine price hike seen giving revenue boost for years

10/21/2022 6:16:00 PM

Pfizer COVID vaccine price hike seen giving revenue boost for years

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Reuters

Pfizer COVID vaccine price hike seen giving revenue boost for years Pfizer's plan to as much as quadruple current U.S. prices for its COVID -19 vaccines going forward could spur revenue for years, analysts said. to strive for prices in the same range."We expect Moderna to adapt to this signal," SVB Securities analyst David Risinger said in a research note, adding that he sees Pfizer/BioNTech, Moderna and Novavax "pricing in a similar range for the foreseeable future." Moderna had previouslycommercial price expectations in a range of $64 to $100 a shot.Wall Street wasexpecting such price hikesdue to weak demand for COVID vaccines, which meant manufacturers would need to hike prices to meet revenue forecasts for 2023 and beyond. Read more:
Reuters » Pfizer Targets Covid Vaccine Price of at Least $110 a Dose 'Daylight Robbery': Pfizer Condemned for Hiking US Covid Vaccine Price by 10,000% Above Cost Covid: Anger over £1k price tag on drug to protect vulnerable COVID-19 linked to US pregnancy-related deaths; Pence's populist warning; Disney's price hikes

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Read more >> Pfizer Targets Covid Vaccine Price of at Least $110 a DosePfizer said it expects to price its Covid-19 vaccine at $110 to $130 a dose for adults when the U.S. government stops purchases Talk about deterrence. I'm interested in how much Novavax will be. They have been working on a new strain of Covid? Because this “vaccine” is worthless. 'Daylight Robbery': Pfizer Condemned for Hiking US Covid Vaccine Price by 10,000% Above Cost\u0022While health workers and the vulnerable continue to go unvaccinated in developing countries, Pfizer is shamelessly fleecing the public for ever-greater sums of money,\u0022 said one campaigner. Covid: Anger over £1k price tag on drug to protect vulnerableA Gainsborough kidney transplant patient is 'furious' at the cost of Evusheld. COVID-19 linked to US pregnancy-related deaths; Pence's populist warning; Disney's price hikesThings to know today: COVID -19 linked to increase in US pregnancy-related deaths; Pence warns of 'unprincipled populists'; Disney price hikes. COVID-19 linked to US pregnancy-related deaths; Pence's populist warning; Disney's price hikesThings to know today: COVID -19 linked to increase in US pregnancy-related deaths; Pence warns of 'unprincipled populists'; Disney price hikes. Analysis: Falling demand for COVID boosters puts price hikes on the tableWith most Americans delaying or skipping new COVID -19 booster shots, analysts and investors are now predicting far fewer will be given each year, pushing the number of shots well below annual flu vaccinations. O me fumo un porro que le den por culo? Big pharma: „We‘ll get all the hard working taxpayers‘ money regardless of how many of you want to take a booster shot!“ sponsored by: your government… So they more concerned on making profit then saving lives. Who would of guessed. (NVAX.The drugmaker laid out a potential price as it prepares to sell the shot commercially, perhaps early next year Pfizer said the earliest there could be a commercial rollout would be early next year.the nation's free coronavirus vaccine program as pandemic response funding runs dry.Image caption, Steve Harrison had a kidney transplant in December 2020 A Lincolnshire kidney transplant patient has said he is "furious" people with weakened immune systems have to pay £1,000 for a Covid drug. O) to strive for prices in the same range. "We expect Moderna to adapt to this signal," SVB Securities analyst David Risinger said in a research note, adding that he sees Pfizer/BioNTech, Moderna and Novavax "pricing in a similar range for the foreseeable future. Hopkins Oct." Moderna had previously commercial price expectations in a range of $64 to $100 a shot." The outlet noted that Lukin did not say whether the company will make any accommodations for the tens of millions of people in the U. Wall Street was expecting such price hikes due to weak demand for COVID vaccines, which meant manufacturers would need to hike prices to meet revenue forecasts for 2023 and beyond. gave some details about its plans to sell the Covid-19 vaccine it developed with BioNTech SE on the commercial market in the U. So far, the U. It did not give details of how and where the drug could be obtained. S., saying it expects to price the shot at $110 to $130 per dose for adults. The People's Vaccine Alliance said in a statement Friday that Pfizer's planned price hike would amount to a 10,000% markup above the cost of producing the vaccine, which is to be as low as $1. rollout of updated COVID-19 booster shots that target both the original version of the coronavirus and circulating Omicron subvariants has lagged last year's rate despite more people being eligible for the shots. Around 19. Continue reading your article with a WSJ membership.4 million people in the United States received the updated booster over the first seven weeks of its rollout.S. In the first seven weeks of the 2021 revaccination campaign, over 27 million people received their third shot even though only older and immunocompromised people were eligible at that point. "When you find out you can get it, they move the goal post. Register now for FREE unlimited access to Reuters.com Register Reporting by Michael Erman; Editing by Andrea Ricci and Bill Berkrot Our Standards: ."This latest obscene price hike is truly a mask-off moment for one of the great profiteers of this pandemic.