Pfizer to price Covid-19 vaccine at 'little out-of-pocket expenses' for Indians
"Our pricing strategy is an outcome of volume, advanced commitment, equity and affordability principles,"Pfizer spokesperson said.;
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New Delhi: Global pharma major Pfizer has said its Covid-19 vaccine is being priced in a way that will help governments to ensure that there is little to no out-of-pocket costs for their people, as it seeks to ensure access to the vaccine across the world. For this pandemic period, the company's pricing approach is based on the principle of ensuring broad access and supplies to the governments, a Pfizer spokesperson said in a statement.
The company's decision-making is not being driven by traditional cost/benefit analysis, it added.
"Our pricing strategy is an outcome of volume, advanced commitment, equity and affordability principles. We are pricing in a way that can help governments to ensure that there is little to no out-of-pocket costs for their populations.
"We remain committed to engaging with the Government of India and explore opportunities to make this vaccine available for use in the country," the statement said.
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