Wednesday, October 26, 2022

Money, Money, Money


Pfizer has been accused of 'daylight robbery' after it emerged the company plans to sell its Covid shot with an estimated 10,000 percent markup in the US next year — despite enjoying extraordinary surges in profits during the pandemic.

Once the government uses up the doses it has already bought, Pfizer will hike the price to as much as $130 for a single dose of the vaccine which is estimated by some experts to cost just $1.18 to make.

Health insurers are expected to cover the cost of the shots for those who have coverage, but wall street analysts warn that it will cause upward pressure on insurance premiums.     https://www.dailymail.co.uk/health/article-11357661/How-Pfizer-plans-sell-Covid-vaccine-10-000-markup.html    

No comments: