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.

Biden Imposes New International Travel Vaccine Rules, Lifts Existing

WASHINGTON – U.S. President Joe Biden on Monday signed an order imposing new vaccine requirements for most foreign national air travelers and lifting severe travel restrictions on China, India and much Europe effective Nob.8, the White House said. The extraordinary U.S. travel restrictions were first imposed in early 2020 to address the spread of COVID … More Biden Imposes New International Travel Vaccine Rules, Lifts Existing

Saudi Crown Prince Hosts The Middle East Green Initiative Summit

RIYADH, Saudi Arabia – Saudi Arabia’s Crown Prince Mohammed bin Salman will be hosting the first edition of the Middle East Green Initiative Summit in Riyadh where he will outline the Kingdom’s vision and the role of green financing in enabling the transition to green societies. During his opening address at the summit, the Crown Prince … More Saudi Crown Prince Hosts The Middle East Green Initiative Summit


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