Pfizer Plans to Hike Price of US COVID-19 Vaccine by 400 Percent

Pfizer Plans to Hike Price of US COVID-19 Vaccine by 400 Percent
A vial of the Pfizer-BioNTech coronavirus disease (COVID-19) booster vaccine targeting BA.4 and BA.5 Omicron sub-variants is pictured at Skippack Pharmacy in Schwenksville, Pa., on Sept. 8, 2022. Reuters/Hannah Beier
Naveen Athrappully
Updated:
0:00

Pfizer is looking to raise the price of its COVID-19 vaccines in the United States by up to four times once Washington’s purchase program ends, according to the company’s U.S. president, Angela Lukin.

Pfizer’s COVID-19 vaccine is presently provided free for all Americans by the U.S. government. When the U.S. public health emergency expires, the COVID-19 vaccine market will move to private insurance. The federal government is paying roughly $30 per dose for the Pfizer vaccine. When the government purchase program shuts down, Lukin expects a dose to be priced around $110 to $130.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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