$130 per shot COVID vaccines? Manufacturers warned against price gouging

July 14, 2023

The Biden administration is calling on COVID-19 vaccine makers to ensure the updated shots for the fall are priced affordably.

ā€œUpdated COVID-19 vaccines entering the market this fall should be priced at a reasonable rate, reflective of the value that you have obtained through U.S. government investment,ā€ Health and Human Services SecretaryĀ Xavier BecerraĀ said in a Thursday letter to the CEOs of Pfizer, Moderna and Novavax.

ā€œPrice gouging behavior takes advantage of the trust the American people have placed in you through the COVID-19 response,ā€ Becerra said.

Read more at The Hill.

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