“Pure and deadly greed”: Lawmakers slam Pfizer’s 400% price hike on COVID shots
Enlarge / Pfizer Chairman and CEO Dr. Albert Bourla speaks onstage at the 2022 SXSW Conference at JW Marriott Austin on March 14, 2022, in Austin. (credit: Getty | Chris Saucedo)
Senator Elizabeth Warren (D-Mass.) and Senator-elect Peter Welch (D-Vt.) sent a scathing letter to Pfizer CEO Albert Bourla this week over the company's plan to increase the price of its COVID-19 vaccines by 400 percent next year when it enters the commercial market.
"We urge you to back off from your proposed price increases and ensure COVID-19 vaccines are reasonably priced and accessible to people across the United States," they wrote, while also requesting information about the company's revenue and profits.
In October, Pfizer revealed plans to sell its COVID-19 vaccine for somewhere between $110 and $130 next year. Most recently, the US government paid only about $30 per dose.