Pfizer and Moderna raise prices for its COVID-19 vaccines in EU- FT

FILE PHOTO: Picture illustration of vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels
·1 min read

(Reuters) - Pfizer Inc and Moderna Inc has raised the prices of its COVID-19 vaccine in the latest European Union supply contracts, The Financial Times reported https://on.ft.com/3j8mbTb on Sunday.

The new price for the Pfizer shot was 19.50 euros ($23.15)against 15.50 euros previously, the newspaper said citing to the portions of the contracts seen.

The price of a Moderna vaccine was $25.50 a dose, the contracts show, up from 19 euros in the first procurement deal but lower than the previously agreed $28.50 because the order had grown, the report said, citing one official close to the matter.

($1 = 0.8425 euros)

(Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Louise Heavens)

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