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Pfizer Vaccine Deal at $20 a Dose Sets Ceiling for Rivals

  • U.S. agrees to pay Pfizer, BioNTech $1.95 billion on approval
  • Government commits to securing an initial 100 million doses
Bloomberg business news
Pfizer in Pact With U.S. for 100 Million Covid-19 Vaccine Doses
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In signing a $2 billion deal to supply their experimental coronavirus vaccine to the U.S., Pfizer Inc. and BioNTech SE are setting a price ceiling of less than $20 a dose that will impact how much other companies can charge to protect people from Covid-19.

Pfizer’s $19.50 price-point takes into account the “public health requirements during the pandemic,” said Sally Beatty, a Pfizer spokeswoman. The companies are pursuing a two-dose regimen of one of its vaccine candidates, and the roughly $40 course, Beatty said, is “almost 30% less than what others charge for a seasonal flu vaccine.”