Pfizer and Moderna have raised the prices of their Covid-19 vaccines in the latest European Union supply contracts, according to a report in The Financial Times today.

The new price for the Pfizer shot was €19.50 against €15.50 previously, the newspaper said, citing the portions of the contracts it had seen.

The price of a Moderna vaccine was $25.50 (€21.48) a dose, the contracts show.

That is up from €19 in the first procurement deal, but lower than the previously agreed $28.50 (€24) because the order had grown, the report said, citing one official close to the matter.

The European Commission said on Tuesday that the EU is on course to hit a target of fully vaccinating at least 70% of the adult population by the end of the summer.

In May, the EU said it expects to have received more than one billion doses of vaccines by the end of September from four drugmakers.

Pfizer and Moderna were not immediately available for comment to Reuters.