Paxlovid costs just $13 to make and is currently available for free to those who need it. But Pfizer is planning on selling it for nearly $1,400 starting next year.

Sign the petition NOW to stop outrageous Paxlovid markups before it hits the commercial market!

Dear MoveOn member,

Paxlovid—the FDA-approved Pfizer drug used to treat mild to moderate cases of COVID-19—will lose its emergency use authorization by the end of the year and will no longer be available to the general public for free.1 And even worse, Pfizer announced that it's planning on price gouging this critical treatment that has reduced hospitalizations and literally saved lives since it was introduced back in 2021.2

We have TWO MONTHS to fight back against Big Pharma and demand Paxlovid remain affordable and accessible to everyone—especially as COVID-19 cases surge nationwide.

Right now, Paxlovid costs just $13 to make and is available for free to those who need it. But Pfizer is planning to exploit it and sell it for nearly $1,400 starting next year.3 That’s a staggering 10,000% price markup.

Graphic of a tweet from @luckytran that says "Pfizer says it will price Covid treatment Paxlovid at $1,390 for a five-day course, which researchers estimate only costs Pfizer $13 to produce. That's a 10,000%+ markeup. Shameful."

Earlier this year, Moderna was going to increase the price of the taxpayer-funded COVID-19 vaccine to 4,700% of what it costs to make. But we came together to stop them, and we succeeded.4 Let's unite again, stop Pfizer's unconscionable corporate greed, and prevent them from price gouging this lifesaving medicine.

Add your name to urge President Biden to STOP corporate profiteering off of COVID-19 treatments before the end of the year and guarantee access to all Americans.

Tell Biden to STOP Pfizer from profiting off of this lifesaving and necessary medication!

Pfizer became the first-ever Big Pharma company to bring in $100 billion in revenue. That’s right, $100 billion.5 Pfizer executives have amassed an egregious amount of wealth, while millions of Americans struggle to afford essential medications. This is corporate greed, plain and simple.

Pfizer’s CEO doesn’t need any more millions—he made $33 million in 2022 alone.6 Meanwhile, more than 1 in 3 people in the U.S. have skipped filling their needed prescriptions due to financial burdens.7 It is immoral that Big Pharma rakes in millions at the expense of everyday families, who then can’t access the care they need.

The Biden administration has committed to holding Big Pharma accountable.8 Now is the time to fulfill that promise and ensure that essential, lifesaving COVID-19 treatments remain accessible to those who need them most.

Black and Latinx communities are not only more likely to be hospitalized or die from COVID-19, they are also more likely not to be treated with Paxlovid.9 Pfizer's price hikes could worsen already existing racial disparities. Our government should be working to increase access to COVID-19 testing and treatment, not giving Big Pharma a pass to profit off of sickness. 

Together we can stop Big Pharma's greed. Sign the petition and then share with three of your friends.

Thanks for all you do.

–Tihi and the Demand Progress team

Sources:

1. "Pfizer plans to charge nearly $1,400 for Paxlovid," Axios, October 18, 2023
https://act.moveon.org/go/185228?t=9&akid=369446%2E40999114%2EzbNOmE

2. "Game Changer: Paxlovid Reduces Hospitalizations and Saves Lives," Epic Research, July 26, 2022
https://act.moveon.org/go/185192?t=11&akid=369446%2E40999114%2EzbNOmE

3. "The estimated production cost of Paxlovid: $13. Its new list price: $1400," MSNBC, October 23, 2023
https://act.moveon.org/go/185193?t=13&akid=369446%2E40999114%2EzbNOmE

4. "Coming and going paid off for biopharma CEOs in 2022," Fierce Pharma, June 27, 2023
https://act.moveon.org/go/185194?t=15&akid=369446%2E40999114%2EzbNOmE

5. "More than one-third of Americans haven’t filled a prescription due to cost: survey," The Hill, March 10, 2023
https://act.moveon.org/go/185195?t=17&akid=369446%2E40999114%2EzbNOmE

6. "Moderna Faces Backlash for Plans to Markup COVID Vaccine by 4,000 Percent," Truthout January 10, 2023
https://act.moveon.org/go/185196?t=19&akid=369446%2E40999114%2EzbNOmE

7. "Coming and going paid off for biopharma CEOs in 2022," Fierce Pharma, June 27, 2023
https://act.moveon.org/go/185194?t=21&akid=369446%2E40999114%2EzbNOmE

8. "People of color less likely to receive Paxlovid and other Covid-19 treatments, according to CDC study," CNN, October 27, 2022
https://act.moveon.org/go/185197?t=23&akid=369446%2E40999114%2EzbNOmE

9. "Statement from President Biden on Historic Action to Lower Prescription Drug Costs," The White House, August 29, 2023
https://act.moveon.org/go/185198?t=25&akid=369446%2E40999114%2EzbNOmE

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