Why Is Europe Paying a Lot Less Than the U.S. for COVID Vaccines?

Governments around the world want to make sure their citizens can be immunized against the coronavirus that causes COVID-19 as quickly as possible. Several governments have signed major supply deals with COVID-19 vaccine makers including AstraZeneca (NASDAQ: AZN), Moderna (NASDAQ: MRNA), and Pfizer (NYSE: PFE) along with its partner BioNTech (NASDAQ: BNTX).

But how much they're paying for the vaccines differs significantly. In this Motley Fool Live video recorded on Dec. 23, 2020, Healthcare and Cannabis Bureau Chief Corinne Cardina and Fool.com writer Keith Speights discuss why Europe is paying a lot less than the U.S. for COVID vaccines.

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Source Fool.com