COVID-19 vaccine added to recommended list, Pfizer plans price hike


Summary

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Full story

The Centers for Disease Control and Prevention’s (CDC) Advisory Committee on Immunization Practices (ACIP) recommended adding the COVID-19 vaccine to the routinely recommended vaccine list. The committee’s unanimous decision Thursday has no immediate effect, since COVID-19 shots already are recommended for virtually all Americans. However, it’s one more step towards the CDC putting the shots on the annually updated, formal lists of what vaccinations doctors should be routinely offering to their patients.

“It’s important to note that there are no changes in COVID-19 vaccine policy, and today’s action simply helps streamline clinical guidance for healthcare providers by including all currently licensed, authorized and routinely recommended vaccines in one document,” the CDC said in a statement Thursday.

Decisions made by the committee are almost always adopted by the CDC director and then sent to doctors as part of the government’s advice on how to prevent disease. However, state and local officials don’t always adopt every recommendation. Flu and HPV shots, for example, are not required by many schools. The decision comes as the White House continues to push Americans to get the COVID-19 and flu vaccines before Halloween.

“If Americans did that, we could save hundreds of lives each day this winter,” White House COVID-19 Response Coordinator Dr. Ashish Ja said last week. “As the Commonwealth Fund just put out a new report, a new analysis. They estimate that we can save as many as 90,000 lives and nearly a million hospitalizations if most eligible Americans got their updated vaccines.”

The decision to add to the CDC’s recommended list comes as Pfizer indicated it was planning a major price hike to its COVID-19 vaccine. On Thursday, Angela Lukin, a Pfizer executive, said the company expects to roughly quadruple the price of the vaccine to about $110 to $130 per dose after the U.S. government’s current purchase program expires.

According to analysts, the hike could spur revenues for years. Wells Fargo Analyst Mohit Bansal said it could create around $2.5 billion to $3 billion in annual revenue for the shots.

“This is much higher than our assumption of $50 per shot and even assuming $80 per shot net price in high-income countries, we see $2 per share upside to our estimates” from the new prices, Bansal wrote in a research note.

The Associated Press and Reuters contributed to this report.

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Why this story matters

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  • Not enough coverage from media outlets on the right to provide a bias comparison.

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Key points from the Left

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Key points from the Center

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
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Summary

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Full story

The Centers for Disease Control and Prevention’s (CDC) Advisory Committee on Immunization Practices (ACIP) recommended adding the COVID-19 vaccine to the routinely recommended vaccine list. The committee’s unanimous decision Thursday has no immediate effect, since COVID-19 shots already are recommended for virtually all Americans. However, it’s one more step towards the CDC putting the shots on the annually updated, formal lists of what vaccinations doctors should be routinely offering to their patients.

“It’s important to note that there are no changes in COVID-19 vaccine policy, and today’s action simply helps streamline clinical guidance for healthcare providers by including all currently licensed, authorized and routinely recommended vaccines in one document,” the CDC said in a statement Thursday.

Decisions made by the committee are almost always adopted by the CDC director and then sent to doctors as part of the government’s advice on how to prevent disease. However, state and local officials don’t always adopt every recommendation. Flu and HPV shots, for example, are not required by many schools. The decision comes as the White House continues to push Americans to get the COVID-19 and flu vaccines before Halloween.

“If Americans did that, we could save hundreds of lives each day this winter,” White House COVID-19 Response Coordinator Dr. Ashish Ja said last week. “As the Commonwealth Fund just put out a new report, a new analysis. They estimate that we can save as many as 90,000 lives and nearly a million hospitalizations if most eligible Americans got their updated vaccines.”

The decision to add to the CDC’s recommended list comes as Pfizer indicated it was planning a major price hike to its COVID-19 vaccine. On Thursday, Angela Lukin, a Pfizer executive, said the company expects to roughly quadruple the price of the vaccine to about $110 to $130 per dose after the U.S. government’s current purchase program expires.

According to analysts, the hike could spur revenues for years. Wells Fargo Analyst Mohit Bansal said it could create around $2.5 billion to $3 billion in annual revenue for the shots.

“This is much higher than our assumption of $50 per shot and even assuming $80 per shot net price in high-income countries, we see $2 per share upside to our estimates” from the new prices, Bansal wrote in a research note.

The Associated Press and Reuters contributed to this report.

Tags: , , ,

Why this story matters

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Lectus amet feugiat nam

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Get the big picture

Synthesized coverage insights across 49 media outlets

Community reaction

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Bias comparison

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  • The Center tortor lectus curabitur praesent convallis nisl feugiat placerat fusce mollis mauris quisque euismod himenaeos dui nam, eget viverra fringilla arcu ad penatibus dolor proin sagittis erat sed eu adipiscing.
  • The Right fames rhoncus nulla torquent nam habitant eget mus condimentum cursus ullamcorper primis magna, vestibulum mollis vulputate phasellus inceptos curae tristique metus litora turpis per.

Media landscape

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113 total sources

Key points from the Left

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  • Felis feugiat venenatis torquent etiam ipsum dapibus fermentum ultricies, nascetur nostra porttitor vitae risus ridiculus non, curae nulla elit habitant consequat commodo ullamcorper.
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Key points from the Center

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Key points from the Right

  • Arcu justo egestas hac class venenatis dignissim a hendrerit donec tincidunt sit consectetur congue tempor eget, fusce orci maximus urna finibus porta convallis ultrices lacus mattis dapibus eros quisque.

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
    Lifestyle
    Jan 20

    Bob Dylan’s ‘Mr. Tambourine Man’ draft lyrics auctioned for $508,000

    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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