Keyword: production capacity

Europe

Vaccines in Europe

This week's European Economic Experts Panel statements: A) Offering substantially higher prices per dose would have resulted in larger capacity investments by vaccine makers and accelerated distribution in Europe significantly. B) In the current situation, paying for more production capacity would be better than offering higher prices for vaccines. C) If the EU started paying prices above 100 euros per dose, it would on net reduce the cost of the pandemic to the EU via more lives saved and shorter lockdowns.