Prominent drugmakers want to more than quadruple the price of their COVID-19 vaccines when the shots transition to the commercial market later this year, sparking a showdown with congressional lawmakers who say Pfizer and Moderna benefited from taxpayer largesse and are now gouging the public to pad handsome profits.
Progressive Sen Elizabeth Warren and Sen-elect Peter Welch are turning up the pressure on pharmaceutical giant Pfizer to scrap plans to hike up the cost of Covid vaccine doses.