July 28, 2020 / 3:25 PM / 11 days ago

Pfizer will not charge developed countries less than U.S. for similar vaccine order

FILE PHOTO: A sign is pictured outside Pfizer Headquarters in the Manhattan borough of New York City, New York, U.S., July 22, 2020. REUTERS/Carlo Allegri

(Reuters) - Drugmaker Pfizer Inc said on Tuesday no country in the developed world will get a lower price for its experimental COVID-19 vaccine than the United States if those countries make similar volume commitments.

The U.S. government said last week it will pay nearly $2 billion to buy enough of the COVID-19 vaccine being developed by Pfizer Inc and German biotech BioNTech SE to inoculate 50 million people if it proves to be safe and effective. That amounts to a $39 price tag.

Reporting by Michael Erman; Editing by Chris Reese

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