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

Published 11/21/2020, 06:04 PM
Updated 11/21/2020, 06:05 PM
© Reuters. FILE PHOTO: MODERNA ANNOUNCES A VACCINE AGAINST COVID-19 EFFECTIVE AT 94.5%
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FRANKFURT (Reuters) - Moderna (NASDAQ:MRNA) 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 (NYSE:PFE) and its partner BioNTech.

© Reuters. FILE PHOTO: MODERNA ANNOUNCES A VACCINE AGAINST COVID-19 EFFECTIVE AT 94.5%

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

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