Prof Mark Jit on COVID-19 vaccine price hikes as demand wanes



COVID-19 vaccine maker Pfizer could raise the price of its jabs by up to four times current levels as demand in the US weakens. Analysts said vaccine producers would have to hike prices to meet Wall Street revenue forecasts for next year. The US government currently pays around $30 per dose to Pfizer. But, after the purchase programme expires next year, prices may shoot up to as high as $130. Professor Mark Jit, head of department of Infectious Disease Epidemiology at the London School of Hygiene and Tropical Medicine, shared more on the vaccine prices and demand for vaccinations.

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