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People who think the govt made a big mistake by apparently "rejecting" Pfizer, are also the ones who want price control as companies will make "super profits"
But Pfizer withdrew the EUA req precisely cause they didnt want price control/caps, not just due to the trials demand
But Pfizer withdrew the EUA req precisely cause they didnt want price control/caps, not just due to the trials demand
December 14, 2020.
"At $37 per dose, the Pfizer vaccine is much more expensive compared to $3 per dose for the Covishield, a vaccine developed by Oxford-AstraZeneca and manufactured by the Serum Institute of India" https://wap.business-standard.com/article/current-affairs/centre-may-not-procure-pfizer-biontech-covid-vaccine-over-high-cost-120121400032_1.html
"At $37 per dose, the Pfizer vaccine is much more expensive compared to $3 per dose for the Covishield, a vaccine developed by Oxford-AstraZeneca and manufactured by the Serum Institute of India" https://wap.business-standard.com/article/current-affairs/centre-may-not-procure-pfizer-biontech-covid-vaccine-over-high-cost-120121400032_1.html
"Unlike others, Pfizer would require minus 70 degree Celsius temperature for storage. According to Bernstein analysts, the Indian government is likely to procure 680 million doses, implying a spend of $1.9 billion for the government, assuming a dose costs $3."
At $37 per dose, the cost would be 12-times more. If the government chooses to vaccinate the entire population, it would need to set aside $6 billion (at $3 per dose).
Don't believe this report? How about the most trusted reports by the most credible publishers ever?
"..quoted unnamed government officials who said the issue is cost. Each dose of Pfizerâs new vaccine candidate is $37, or a little over Rs 2,700." https://science.thewire.in/health/pfizer-vaccines-price-may-be-throwing-off-indian-government-report-says/
"..quoted unnamed government officials who said the issue is cost. Each dose of Pfizerâs new vaccine candidate is $37, or a little over Rs 2,700." https://science.thewire.in/health/pfizer-vaccines-price-may-be-throwing-off-indian-government-report-says/
In the US, the company has priced the vaccine at $19.5 ( âč1,440) per dose.
While Pfizer has not declared its pricing for India, the cost in the US is over six times than of the $3 per dose Serum Institute of India is expected to charge the government for Covishield
While Pfizer has not declared its pricing for India, the cost in the US is over six times than of the $3 per dose Serum Institute of India is expected to charge the government for Covishield
"They want faster approvals for clinical trials and emergency authorisation use. They fear the government will introduce price control policies." https://www.reuters.com/world/china/exclusive-pfizer-wants-make-vaccine-india-if-faster-clearance-export-freedom-2021-03-10/
"Pfizer has told the Indian government it wants to produce its coronavirus vaccine locally if assured of faster regulatory clearance and freedom on PRICING and EXPORTS, two sources with direct knowledge of the matter told Reuters."
Two things this specific group hates.
Two things this specific group hates.
"Pfizer and Moderna, whose shots are more expensive than the AstraZeneca one being used in Indiaâs immunisation campaign, are not comfortable with strict price and export restrictions, one of the sources said." https://www.expresspharma.in/covid19-updates/pfizer-interested-in-producing-vaccine-in-india-if-speedy-clearance-export-freedom-assured-reports/
In the same month
"THE U.S. PHARMACEUTICAL FIRMS behind the approved coronavirus vaccines â J&J, Moderna, and Pfizer â have quietly touted plans to raise prices on coronavirus vaccines in the near future and to capitalize on the virusâs lasting presence."
https://static.theintercept.com/amp/covid-vaccine-price-pfizer-moderna.html
"THE U.S. PHARMACEUTICAL FIRMS behind the approved coronavirus vaccines â J&J, Moderna, and Pfizer â have quietly touted plans to raise prices on coronavirus vaccines in the near future and to capitalize on the virusâs lasting presence."
https://static.theintercept.com/amp/covid-vaccine-price-pfizer-moderna.html
Mid March, 18, 2021.
"DRUGMAKERS PROMISE INVESTORS THEYâLL SOON HIKE COVID-19 VACCINE PRICES"
https://static.theintercept.com/amp/covid-vaccine-price-pfizer-moderna.html
"DRUGMAKERS PROMISE INVESTORS THEYâLL SOON HIKE COVID-19 VACCINE PRICES"
https://static.theintercept.com/amp/covid-vaccine-price-pfizer-moderna.html
March 14 2021
Govt must free up Covid-19 vaccine pricing
It must heed Pfizerâs call; price caps, export controls will discourage pvt sector participation in Indiaâs vaccination efforts https://www.financialexpress.com/opinion/govt-must-free-up-covid-19-vaccine-pricing/2211572/
Govt must free up Covid-19 vaccine pricing
It must heed Pfizerâs call; price caps, export controls will discourage pvt sector participation in Indiaâs vaccination efforts https://www.financialexpress.com/opinion/govt-must-free-up-covid-19-vaccine-pricing/2211572/
Also, a week before the "withdrawal", EU countries had said Pfizer had slashed their deliveries by HALF
Also, after the negotiations which didn't work, and the subsequent withdrawal of the Emergency Use Authorisation request by pfizer, they were called for a meeting.
They didn't meet the Central Drugs Standard Control Organisation( CDSCO), but hey we rejected them cause...
They didn't meet the Central Drugs Standard Control Organisation( CDSCO), but hey we rejected them cause...
Suddenly after a month, just four days ago
"Pfizer to offer vaccine to govt at ânot-for-profitâ rate" https://indianexpress.com/article/india/pfizer-to-offer-corona-vaccine-to-govt-at-not-for-profit-rate-7285331/
"Pfizer to offer vaccine to govt at ânot-for-profitâ rate" https://indianexpress.com/article/india/pfizer-to-offer-corona-vaccine-to-govt-at-not-for-profit-rate-7285331/
