The unprecedented challenge of pricing a coronavirus vaccine

Pharmaphorum

12 June 2020 - The optimal pricing strategy for a new vaccine involves setting a fair and sustainable price that enables the eligible population in need across the world to gain access, while also rewarding innovation and supporting further research and development.

The need for a SARS-CoV-2 vaccine is arguably more urgent, and more global, than ever before for a vaccine. 

As the 130+ vaccine candidates currently in development progress through clinical testing, a key question for their manufacturers is how COVID-19 might be changing the equation when it comes to what a responsible pricing strategy might look like. 

At the same time, payers are also faced with needing to prepare and plan for how to react and manage this situation.

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Michael Wonder

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Michael Wonder

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England , Pricing , Vaccine , COVID-19