Moderna's Covid-19 Vaccine to Cost $130 Per Dose in US, CEO Defends Price Hike in Senate Hearing
Moderna CEO Stephane Bancel told the Congressional hearing that once it shifts to commercial distribution of the shots later this year, it will no longer have the economies of scale from government procurement
Moderna CEO defends $130 US COVID vaccine price in Senate hearing
Moderna Inc's chief executive on Wednesday defended the company's plan to quadruple the price of its COVID-19 vaccine, telling a U.S. Senate committee hearing it will no longer have the economies of scale from government procurement when the shots move into the private market.
Senators press Moderna CEO on COVID-19 vaccine price hike
Moderna’s CEO is defending a plan to more than quadruple the company’s COVID-19 vaccine price. But he also says the drugmaker will work to ensure patients continue paying nothing at
Moderna CEO defends COVID vaccine price hike, citing pivot to endemic phase
Moderna is hiking the price of its COVID-19 shot because it faces "increased complexity and risk" as the pandemic stabilizes and the life-saving vaccine pivots from a government-funded product to a commercial one, CEO Stephane Bancel told Congress Wednesday in a Senate hearing on what taxpayers are owed after they support critical medicine.