HEALTH | Biontech To Price Vaccine Below Market Rates, Differentiate Between Regions

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.

Greece Lifts COVID Curbs For Travellers Ahead Of Key Summer Season

ATHENS, Greece – Greece lifted COVID-19 restrictions on Sunday for foreign and domestic flights, its civil aviation authority said, ahead of the summer tourism season that officials hope will see revenues bouncing back from the pandemic slump. To fly in or out of the country, travellers were previously required to show either a vaccination certificate, … More Greece Lifts COVID Curbs For Travellers Ahead Of Key Summer Season

Saudi, Pakistan To Discuss Possible Support For Kingdom’s $3 Billion Deposit

PARIS, France – Saudi Arabia and Pakistan will discuss the possibility of supporting the kingdom’s $3 billion deposit in Pakistan’s central bank bank by extending its term ‘or through other options’, a joint statement carried by Saudi State News Agency SPA said on Sunday. Last year, Saudi Arabia deposited $3 billion in Pakistan’s central bank … More Saudi, Pakistan To Discuss Possible Support For Kingdom’s $3 Billion Deposit


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