Moderna and Pfizer COVID-19 Vaccine 4X Price Increase Worries UK and US Lawmakers

As the COVID-19 pandemic inches closer to its endemic phase, Moderna and Pfizer are gearing up to nearly quadruple the price of their mRNA-based vaccines. This has drawn concern and ire from politicians in the UK and US, with four members of the UK Parliament penning a letter urging them to reconsider due to the proposed price hike’s impact on the NHS.

According to the members of Parliament, “”The U.K. has already been paying the highest known prices for Pfizer’s vaccines, with your company reportedly having already increased the price per dose from £18 to £22 [$22 to $27].”

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(Source: Newsweek, January 31^st, 2023)