Exclusive: EU may pay more for Pfizer COVID shots in return for lower volume

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Exclusive: EU may pay more for Pfizer COVID shots in return for lower volume
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Brussels is discussing with Pfizer and BioNTech the possibility of reducing the up to 500 million COVID-19 vaccine doses the EU has committed to buy this year in return for a higher price, a source with knowledge of the talks said.

the possibility of reducing the up to 500 million COVID-19 vaccine doses the EU has committed to buy this year in return for a higher price, a source with knowledge of the talks said.

The Commission "will continue in view of adapting the supply of vaccine doses over the years to come, and to extend it over a larger time period", the spokesperson said, declining to comment on pricing or other details. A BioNTech spokesperson added that their company "continue to work with the European Commission and governments to find pragmatic solutions while respecting the fundamental principles agreed between the parties in concluding the agreement".is an issue worldwide, Europe is contending with a particularly big excess.

Some 328 million people in the EU out of a total population of around 450 million have received the primary course of a vaccine, according to Our World in Data. "We are no longer at the peak of the crisis, and this directly impacts our demand for vaccines, while public finances are under great strain at this moment," EU Health Commissioner Stella Kyriakides told a European Council meeting in December.

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