Moderna to charge $25-$37 for COVID-19 vaccine, CEO tells paper

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

Reuters November 22, 2020 05:05:08 IST
Moderna to charge $25-$37 for COVID-19 vaccine, CEO tells paper

COVID-19 vaccine, CEO tells paper" src="https://images.firstpost.com/wp-content/uploads/reuters/11-2020/22/2020-11-21T230315Z_1_LYNXMPEGAK0L9_RTROPTP_2_HEALTH-CORONAVIRUS-MODERNA-EU.jpg" alt="Moderna to charge 2537 for COVID19 vaccine CEO tells paper" width="300" height="225" />

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

"Our vaccine therefore costs about the same as a flu shot, which is between $10 and $50," he was quoted as saying.

On Monday, an EU official involved in the talks said the European Commission wanted to reach a deal with Moderna for the supply of millions of doses of its vaccine candidate for a price below $25 per dose.

"Nothing is signed yet, but we're close to a deal with the EU Commission. We want to deliver to Europe and are in constructive talks," Bancel told WamS, adding it was just a "matter of days" until a contract would be ready.

Moderna has said its experimental vaccine is 94.5% effective in preventing COVID-19 , based on interim data from a late-stage clinical trial, becoming the second developer to report results that far exceeded expectations after Pfizer and its partner BioNTech.

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

(Reporting by Christoph Steitz; Editing by Mark Potter)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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