Paxlovid will transition to the private market in November, which comes as demand for Covid vaccines and treatments slumps nationwide.
Pfizer will price a five-day course of its Covid antiviral drug Paxlovid at $1,390 when the company starts to sell it on the commercial market later this year.
But health insurance plans will likely pay much less than the nearly $1,400 list price for Paxlovid, meaning patients will probably have small or no out-of-pocket costs.will price a five-day course of its Covid antiviral drug Paxlovid at $1,390 when the company starts to transition it to the commercial market later this year.The government has purchased and distributed Paxlovid to the public for free since December 2021, when the FDA first authorized the treatment.
"As always, Pfizer's goal is to ensure broad and equitable access to our medicines. We are working diligently with payers to achieve the best possible formulary placement for PAXLOVID, resulting in low OOP costs for patients," a spokesperson for the company said in a statement to CNBC.Reporter immediately regrets taking bite of hot dog at state fair: ‘Pretty, pretty good'
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