Pfizer, Moderna to raise prices of their jabs for Europe

Al-Jazeera quoting the report of Financial Times newspaper (FT) said that the new price for the Pfizer shot was 19.50 euros ($23.15) compared with 15.50 euros ($18.39) previously.

Moreover, the price of a dose of the Moderna vaccine is fixed at $25.50, as compared with $22.60 in the first procurement deal.

Last Tuesday, the European Commission said that the European Union (EU) is about to hit the target of fully vaccinating at least 70 percent of the adult population by the end of September. In May, the EU said it expects to have received more than a billion doses of vaccines by that time from four companies.

As new coronavirus outbreaks emerge in Asian and African countries where a far smaller proportion of the population has had access to vaccinations, the World Health Organization (WHO) has urged wealthy countries to share vaccine doses rather than go for booster shots.

Courtesy: Al-Jazeera