MILAN | ITALY – – BioNTech, first in the race to produce evidence of a working COVID-19 vaccine, is planning to price the two-show regime below ‘typical market rates’ an would differentiate pricing between counties or regions.
Speaking at a Financial Times online event, the German biotech firm’s strategy head Ryan Richardson said the price tag of the vaccine, which is co-developed with Pfizer and which has yet to win regulatory approval, would the financial risks that its private-sector investors have incurred.
‘We’ve tried to pursue a balanced approach that recognize that innovation requires capital and investment so we plan to price our vaccine well below typical market rates reflecting the situation that we’re in and with the global to insure broad – based access around the world’, Richardson said at the FT event.
‘I expect there to be differential pricing in certain regions of the world’, he added, declining to elaborate on the different price tags.
The Kremlin on Friday said it hoped ‘crazy’ calls to sanction Russian business people would not become a reality and that it was planning ways to best protect Russia’s interests, its citizens and businesses. The Kremlin said it was closely following media reports about a possible new round of U.S. sanctions.
Moscow will soon publish a list of U.S. citizens it will take measures against in response to sanctions imposed on Russians over the case of opposition politician Alexei Navalny, the TASS news agency cited the foreign ministry as saying on Friday. The Kremlin on Wednesday played down the impact of sanctions imposed by the United … More Russia Will Soon Publish Retaliatory Stop List Of U.S. Citizens – TASS Cites Foreign Ministry
The Saudi – led coalition fighting the Houthi group in Yemen said it had destroyed four explosive drones fired towards the Kingdom on Friday, with the Houthis claiming to have launched an attack into southern Saudi Arabia at dawn. The Iran – aligned Houthis have recently stepped up cross – border drone and missile attacks … More Saudi – Led Coalition Says It Downed Four Drones Fired By Houthis Towards Khamis Mushait