Connect with us

World News

COVID-19 VACCINE DEMANDS: Pfizer And Moderna To Shoot Up Prizes

Published

on

The biggest COVID-19 vaccine manufacturers, Pfizer and Moderna are reportedly increasing the price of their jabs for the EU.  This is perhaps an unwanted reminder of the fact that all the cash flows and the business dealings that underpin the global vaccine rollouts are rather essentially businesses and a profit-making venture.

According to the latest contract between Pfizer, Moderna, and the European Union, there will be a price hike for their shots in the imminent future according to figures seen by financial times. The new price for a Pfizer shot will go up to $23 from $18, while Moderna may go up to $25.50 from $22.60.

This is coming on the determination of the EU countries to stamp out the spread of the Delta variant mutation of the covid-19 virus with speed.  It also comes at a time when countries around the world are discussing the possibility of administering a third dose of booster jab to improve the efficacy of the vaccines against the ravaging disease.

So far only Israel has approved the use of the third dose of booster jab and the EU, the UK, even the rest of the world may as well go in the same direction as scientists and researchers are weighing those options, which means a potential windfall for both Madonna and Pfizer as well.

Meanwhile, both Pfizer and Moderna vaccines have been proven to be more effective than their rivals like the AstraZeneca vaccine, and the Johnson and Johnson vaccine after phase three trials, endearing them to the audience in the European Union and the European Commission.

Advertisement
1 Comment

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

BREAKING: Apple Hardest Hit As New EU Law Makes compulsory All phones to Use USB-C Chargers BREAKING: Apple Hardest Hit As New EU Law Makes compulsory All phones to Use USB-C Chargers
Breaking3 hours ago

BREAKING: Apple Hardest Hit As New EU Law Makes compulsory All Mobile phones And Devices to Use USB-C Chargers Only

A new European Commission law will force phones and electronic devices manufacturers to create a universal charging solution that will...

Ronaldo Tops Messi As Football's Highest Earner Ronaldo Tops Messi As Football's Highest Earner
Sports18 hours ago

Ronaldo Tops Messi As Football’s Highest Earner: See List Of Top 10

Below is Forbes’ top ten list of the highest earners in world football in 2021-22: 1. Cristiano Ronaldo – £91.5m...

IPOB Fears FG Will Not Produce Nnamdi Kanu For Trial In October , Threatens One Month To Lock Down IPOB Fears FG Will Not Produce Nnamdi Kanu For Trial In October , Threatens One Month To Lock Down
Breaking19 hours ago

IPOB Fears FG Will Not Produce Nnamdi Kanu For Trial In October , Threatens One Month To Lock Down

The Indigenous People of Biafra (IPOB) has again released a statement in which the group is threatening the Buhari government...

TVC Morayo Brown's Mum Dies at 75 TVC Morayo Brown's Mum Dies at 75
Headlines20 hours ago

TVC Morayo Brown’s Mum Dies at 75

Online personality and the presenter of all ladies talk-show on Television Continental (TVC), Your View, Morayo Afolabi-Brown, has announced that...

Hollywood Hotel Rwanda Hero Sentenced To 25 Years In Prison Hollywood Hotel Rwanda Hero Sentenced To 25 Years In Prison
Featured2 days ago

Hollywood Hotel Rwanda Hero Sentenced To 25 Years In Prison

The man who inspired the award-winning Hollywood Film Hotel Rwanda has been sentenced to 25 years in jail on terrorism...

AISHA BUHARI INVITATION CUP: South Africa Beats Nigeria 4-2, Lift The Maiden Cup AISHA BUHARI INVITATION CUP: South Africa Beats Nigeria 4-2, Lift The Maiden Cup
Sports2 days ago

AISHA BUHARI INVITATION CUP: South Africa Beats Nigeria 4-2, Lift The Maiden Cup

An own goal, in the 5th minutes by Nigeria’s Alozie Chidi, the second goal from the penalty spot by Bayana’s...

VIDEO: Watch The Spanish Volcano Rage! And Its The First Volcano Eruption On Spanish Island In 50 Years VIDEO: Watch The Spanish Volcano Rage! And Its The First Volcano Eruption On Spanish Island In 50 Years
World News2 days ago

VIDEO: Watch The Spanish Volcano Rage! And Its The First Volcano Eruption On Spanish Island In 50 Years

Courtesy of rt Instagram: Already more than 5,000 people have been reportedly evacuated as lava flows from a volcano that...

World News2 days ago

VIDEO: Watch The Spanish Volcano Rage! And Its The First Volcano Eruption On Spanish Island In 50 Years

Courtesy of rt Instagram: Already more than 5,000 people have been reportedly evacuated as lava flows from a volcano that...

ONE DEATH TOO MANY: Davido's Official Photographer, Fortune, Is Dead ONE DEATH TOO MANY: Davido's Official Photographer, Fortune, Is Dead
Breaking2 days ago

ONE DEATH TOO MANY: Davido’s Official Photographer, Fortune, Is Dead

What could be happening in singer, Davido’s 30BG camp in relation to deaths????? News just reaching this medium has it...

I Am Still A Man - Bobrisky I Am Still A Man - Bobrisky
Breaking2 days ago

I Am Still A Man – Bobrisky

Idris Olarenwaju popularly known as Bobrisky has revealed that she ‘can never be a she’ (man), but being perceived as...