Understanding the 500 Percent Price Increase of Pfizer’s COVID Vaccine
During a 2021 earnings call with stockholders, Pfizer Chief Financial Officer Frank D’Amelio discussed how the company was using “pandemic pricing” to charge $19.50 per COVID-19 vaccine dose, a product it expected to make $15 billion on in 2021. “[There’s] significant opportunity for those margins to improve once we get beyond the pandemic environment that […]