Moderna to charge $25 to $37 for COVID-19 vaccine

New Age Desk | Published: 00:08, Nov 23,2020


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, reports The Indian Express online.

‘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 per cent 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.

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