Home » Business » “Pfizer and Moderna increase their vaccine prices in European Union”: Financial Times was able to view contracts

“Pfizer and Moderna increase their vaccine prices in European Union”: Financial Times was able to view contracts

According to the business newspaper, a dose of Pfizer would become more than a quarter more expensive and go from 15.5 euros to 19.5 euros. For Moderna, the price increase would be slightly less, a dose is converted to 21.5 euros, which is two euros more than now. Initially, an even higher price of 24.5 euros would have been agreed, but because Europe is decreasing more than initially planned, Moderna keeps it on an increase of two euros.

According to the Financial Times, Pfizer supplies the vaccines to middle-income countries at half the price, while the poorest countries receive the vaccine at cost.

We cannot get confirmation of the new contracts ourselves. Neither the European Commission nor the national authorities communicate about the prices, which they consider confidential. At the end of 2020, State Secretary Eva de Bleeker (Open VLD) announced the then rates for the vaccines in a tweet. That led to a political row, because Europe had banned the publication of the prices. It did provide insight into the large price differences between vaccines, when Moderna and BioNTech/Pfizer already proved to be the most expensive.

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