US Senators Pillory Pfizer Over Coming Price Hikes

US Senators Elizabeth Warren (D-MA) and Peter Welch (D-VT) released a letter addressed to Pfizer’s CEO decrying the pharma giant’s plans to spike the price of its COVID-19 vaccines by $100. The jump would bring the price per vaccine up to $130, a far cry higher than the $20 price tag the federal government paid for the vaccine in 2020.

According to Phil Taylor, “The two lawmakers have asked Pfizer for transparency on its sales and profits of Comirnaty in 2021 and 2022, predictions for 2023 at both the current and planned future price, and to explain the reasoning behind an increase. They also want the company to estimate how many patients may not be able to afford the vaccine at its new price, and how many more of them are likely to apply for its patient assistance programme, setting a deadline of 9 January for the responses.”

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(Source: PharmaPhorum, December 14^th, 2022)