Paxlovid, an antiviral therapy that is prescribed to COVID-19 patients to prevent severe illness, soon will become much more expensive to obtain.
As the medication transitions to the commercial market, Pfizer has set the updated price for a five-day course at $1,390 — more than double the $529 that the federal government had paid for the treatment.
The new pricing was announced in a letter Pfizer sent to pharmacies on Oct. 18, which was obtained by The Wall Street Journal.