Moderna Will Charge Between $ 25- $ 37 For COVID-19 Vaccine, Says CEO


By: Reuters |

Updated: November 22, 2020 7:29:17 am





Modern vaccine, cost of Modern vaccine, Modern Coronavirus vaccine, cost of Covid vaccine, coronavirus vaccine, cost of coronavirus vaccine, coronavirus vaccine latest newsIn this file photo, a sign marks the entrance to a Moderna, Inc. building in Cambridge, Massachusetts (AP).

Moderna will charge governments between $ 25 and $ 37 per dose of its COVID-19 vaccine candidate, depending on the amount requested, Chief Executive Stephane Bancel told the German weekly Welt am Sonntag (WamS).

“Our vaccine, therefore, costs about the same as a flu shot, which is between $ 10 and $ 50,” he said.

On Monday, an EU official involved in the talks said the European Commission wanted to reach an agreement with Moderna to supply millions of doses of its candidate vaccine at a price of less than $ 25 a dose.

Explained: How effective are the main Covid-19 vaccines, when will they be available?

“Nothing has been signed yet, but we are close to reaching an agreement with the EU Commission. We want to deliver to Europe and we are in constructive talks, “Bancel told WamS, adding that it was only” a matter of days “until a contract was ready.

Modern has said its experimental vaccine is 94.5% effective in preventing COVID-19, according to interim data from an advanced-stage clinical trial, becoming the second developer to report results that far exceeded expectations after Pfizer and his partner BioNTech.

The EU has been in talks with Moderna for its experimental COVID-19 vaccine since at least July.

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