8/1, 3:52 PM (Source: TeleTrader)
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Pfizer, Moderna raise vaccine prices in EU - report

Pfizer Inc. and Moderna Inc. have raised prices for their respective coronavirus vaccines in the European Union, the Financial Times reported on Sunday, citing data it allegedly obtained from unnamed officials, documents and contracts.

The Pfizer shot now costs €19.50, up almost 26% from its previous price of €15.50, while Moderna set the new vaccine price at $25.50, higher compared to €19 from the first procurement agreement the company struck with the bloc but lower from the most recent order Brussels had made.

In its earnings report released earlier this week, Pfizer revealed that it expects company vaccine sales to hit $33.5 billion for the 2021 full fiscal year.

Breaking the News / MS