EU paying higher price for Pfizer vaccine, Bulgarian PM Boyko Borissov reveals

The EU will pay a high price for a new deal with Pfizer-BioNTech for future vaccine supplies, Bulgarian Prime Minister Boyko Borissov has revealed.

Borissov, speaking on Sunday, said the EU was negotiating the new contract at a price of €19.5 per dose, way above the €12

The prices are going up quickly,” Borissov said during a trip to a village in southern Bulgaria.

“Pfizer’s price was €12 euros, then it increased to €15.5 euros. Now for 2022 and 2023 the European Union contracts are being signed for 900 million vaccines, but already at a price of €19.5".

Reuters reports an EU official involved in talks with vaccine makers as confirming the price cited by Borissov for the new contract but said negotiations had not been wrapped up yet.

The new contract would cover variants, meaning that the companies would offer enhanced shots if mutations of the coronavirus became prevalent, a second EU official said.

Borissov said: “Roughly this will cost €18 billion euros, at least ... That means that in the new budgets financial experts should earmark bigger, much bigger buffers for vaccines.”

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