Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Pfizer Plans 400% Price Increase for mRNA COVID Jab After CDC Panels Recommend to Include COVID Shots for Children and Adolescents Annual Immunization Schedule

by October 22, 2022
October 22, 2022
Pfizer Plans 400% Price Increase for mRNA COVID Jab After CDC Panels Recommend to Include COVID Shots for Children and Adolescents Annual Immunization Schedule

How convenient.

After CDC panels recommend adding COVID shots to children and adolescents’ annual immunization schedule, Pfizer plans to increase the price of their mRNA COVID jab by 400%.

Pfizer announced during an investor call that the company is considering charging between $110 and $130 per dosage for the private market for the COVID shot Comirnaty as government contracts come to an end.

The call was conducted on Thursday to review data on RSV and provide a commercial update on the company’s COVID vaccine. The investor call was uploaded on Thursday at 3:31 PM, hours after CDC panels voted to add the COVID vaccine to the annual immunization schedule for children and adolescents.

The new pricing will go into effect in 2023, most likely during the first quarter.

Pfizer shareholders are excited that they will charge 4X the price to private insurers than they did to our govt for the COVID vax. Govt paid $30/dose; private insurers will pay $120. Yesterday @CDCgov recommended for child vax schedule. Good for pharma, bad for our kids.

— Yiatin Chu (@ycinnewyork) October 21, 2022

Fierce Pharma reported:

Since vaccines became available in the U.S., the government has footed the bill and provided them for free. In the last supply contract the U.S. signed with Pfizer and BioNTech in June of this year, the companies charged $30.48 per dose, which was an increase from a $24 price in July of 2021 and $19.50 per dose in July of 2020.

“Based on our current understanding, when we enter a traditional commercial model, anyone with commercial or government insurance who is eligible to be vaccinated should be able to access the vaccine without any out-of-pocket payments,” Angela Lukin, Pfizer’s U.S. president of global primary care, said during the call.

One of the reasons for the increase, Pfizer said, is that it will provide vaccines in a single-dose vial as opposed to the current multi-dose vials. This change is because of “consumer preference,” Lukin said.

The price is not out of line with other vaccines that are provided to adults. It is more than what CVS, for example, charges for a flu shot ($50 or $95), but is less than many other vaccines including Pneumovax 23 ($141), hepatitis ($145), meningitis ($179), shingles ($205) and HPV ($261).

Moderna did not respond immediately to a question about how much it plans to charge for its COVID-19 vaccine Spikevax.

In justifying the price, Pfizer mentioned its “50/50 gross profit split” with BioNTech and the reinvestment cost as the company continues to beef up manufacturing and develop the vaccine as the virus evolves.

The post Pfizer Plans 400% Price Increase for mRNA COVID Jab After CDC Panels Recommend to Include COVID Shots for Children and Adolescents Annual Immunization Schedule appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
Steve Bannon in First Interview Following Sentencing Tells Tucker Carlson His Wish for the Country (VIDEO)
next post
BREAKING: Judge Grants MO AG Request to Depose Dr. Fauci, Jen Psaki, FBI Agent Elvis Chan, etc. in Social Media Collusion Case Featuring TGP’s Jim Hoft as Plaintiff

You may also like

Republicans demand answers on shifting White House message...

July 21, 2023

Supreme Court Justice Alito addresses flag incidents, says...

May 29, 2024

White House seeks to play clean up after...

October 30, 2024

Extremists rise in new Palestinian Authority government as...

April 7, 2024

Radical Portland City Commissioner Says Voting For Her...

November 5, 2022

Biden’s woes converge: Last-minute pardons under fire, calls...

May 18, 2025

George Santos’ former staffer accuses congressman of sexual...

February 6, 2023

Georgia Republicans, Trump campaign file lawsuit to halt...

November 3, 2024

The 6 biggest FBI scandals under the Biden...

January 2, 2025

Warnock’s Church Was Evicting Poor Tenants as He...

October 11, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • What Is the Opportunity Cost of State AI Policy? A New Cato Policy Analysis Discusses

      June 10, 2025
    • ‘Blazing the trail for others’: easyJet founder Sir Stelios awards £300,000 to disabled entrepreneurs transforming care, baking and logistics

      June 10, 2025
    • Republicans challenge ‘irrelevant’ budget office as it critiques Trump’s ‘beautiful bill’

      June 10, 2025
    • Greta Thunberg deported from Israel after Gaza-bound ‘selfie yacht’ was seized

      June 10, 2025
    • Judge restricts DOGE access to federal databases, finding ‘breach of law and trust’

      June 10, 2025
    • GOP unveils new weapon to help slash billions in government waste as Republicans rally behind Trump’s plan

      June 10, 2025

    Categories

    • Business (8,175)
    • Investing (2,023)
    • Politics (15,584)
    • Stocks (3,138)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved