Pfizer to raise COVID vaccine prices by as much as 400% as demand for booster shots collapses

Posted on October 29, 2022

Major COVID-19 mRNA drug manufacturer Pfizer will increase the cost of its injections by as much as 400% as it scrambles to meet revenue projections amid a major shortfall in jab demand, Reuters reported Friday.

According to the report, Pfizer said late last week that it will increase the cost of its drug to between $110 and $130 per dose next year.