Moderna CEO Defends Pricing Plans for Covid-19 Shot

Moderna Inc. CEO Stéphane Bancel defended the company's pricing plans for its Covid-19 vaccine at Monday's Wall Street Journal Health Forum. Plans involve charging $110 - $130 per dose in the U.S. when it shifts to commercial distribution.

March 7, 2023 . 8:51 AM

1 min read

Moderna Inc. CEO Stéphane Bancel defended the company's pricing plans for its Covid-19 vaccine at Monday's Wall Street Journal Health Forum.
Moderna received funding from the U.S. government related to development of the vaccine, but all capital risk was put in place by shareholders.
Moderna plans to charge $110 - $130 per dose in the U.S. when it shifts to commercial distribution and individuals will not have to pay.
The company's first supply of vaccine with the U.S. government in 2020 totaled 100 million doses and roughly $1.5 billion.
Pfizer Inc. is considering a similar pricing range for its Covid-19 vaccine.