Pricing Objectives. The Parties acknowledge that the price of the Project Vaccine is critical to achieving Equitable Access. Accordingly, Awardee agrees that its pricing shall be as reasonably required to achieve both Equitable Access for populations in need of a Project Vaccine as well as an appropriate return on investment for vaccine manufacturers, and ensuring that on-going supply is commercially sustainable. The Parties acknowledge that the availability of pandemic insurance as described in Clause 18.7 shall be relevant to pricing. For clarity the following shall be considered to have satisfied the Equitable Access Plan for the relevant doses of Project Vaccine:
Pricing Objectives. Rate and objective recommendations will be made utilizing XXXXX’x pricing methodology with final decisions by CBD. XXXXX will provide annual economic forecasts for Cincinnati and Xxxxxxxx MSA/s, including estimated price, elasticity of yellow pages, local and regional inflationary forecasts correlated to FIRE indexes or similar criteria.
Pricing Objectives. The Parties acknowledge that the price of the Project Vaccine is critical to achieving Equitable Access during the Pandemic Period. Accordingly, Awardee agrees that its pricing shall be reasonable to achieve Equitable Access for populations in need of a Project Vaccine as well as an appropriate return on investment for vaccine manufacturers that make on-going supply commercially sustainable. The Parties acknowledge that the availability of pandemic insurance as described in Clause 17.7 shall be a relevant cost factor in Equitable Access. For clarity, the purchase of Project Vaccine by the Global Allocation Body or by any other purchasing agent(s) designated by CEPI shall be considered to have satisfied the pricing requirements for Equitable Access.
Pricing Objectives. Clause 15.9(b) of the Annex A: Terms and Conditions shall be deleted and replaced with the following (to remove the reference to “and (iii) [***]% for allocation to HICs”):
