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Pfizer and Moderna raise vaccine prices in EU - report

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Pfizer and Moderna have raised the prices of their Covid-19 vaccines in the latest European Union supply contracts, according to a report in The Financial Times today.

The new price for the Pfizer shot was €19.50 against €15.50 previously, the newspaper said, citing the portions of the contracts it had seen.

The price of a Moderna vaccine was $25.50 (€21.48) a dose, the contracts show. That is up from €19 in the first procurement deal, but lower than the previously agreed $28.50 (€24) because the order had grown, the report said, citing one official close to the matter.

The European Commission said on Tuesday that the EU is on course to hit a target of fully vaccinating at least 70% of the adult population by the end of the summer.

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