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Drugmakers Promise Investors a Hike in COVID Vaccine Prices Soon

Summary by Cindy Olmstead
  • March 25, 2021

Early in the pandemic, COVID vaccine makers promised to produce affordable vaccines, but with a caveat: only as long as there was a pandemic. Now, with hopes for an end of the pandemic on the horizon, three drug companies — Moderna, Pfizer and Johnson & Johnson, are telling investors that they believe COVID-19 will turn into an endemic disease that will require regular booster shots, all translating into more returns on investment. While the U.S. government has already fully funded...
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