Moderna will charge $ 25 to $ 37 per dose of its COVID-19 vaccine, says CEO

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Moderna said his experimental vaccine was 94.5% effective in preventing COVID-19

Frankfurt:

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

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

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

“Nothing is signed yet, but we are close to concluding a deal with the European Commission. We want to deliver Europe and are in constructive talks,” Bancel told WamS, adding that it was only a “matter of days” until a contract is ready.

Newsbeep

Moderna said its investigational vaccine was 94.5% effective in preventing COVID-19, based on interim data from an advanced clinical trial, becoming the second developer to report results that far exceeded expectations after Pfizer and its partner BioNTech.

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

(This story was not edited by The Bharat Express News on Social Platforms.)

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