Moderna CEO: 400% price hike on COVID vaccine “consistent with the value”

$130 per clot shot.

SNIP
Moderna is considering raising the price of its COVID-19 vaccine by over 400 percent—from $26 per dose to between $110 and $130 per dose—according to a report by The Wall Street Journal.

Ars has reached out to Moderna for comment but has not yet received a response. The plan, if realized, would match the previously announced price hike for Pfizer-BioNTech’s rival COVID-19 vaccine.

The Journal spoke with Moderna CEO Stephane Bancel at the JP Morgan Healthcare Conference in San Francisco Monday, who said of the 400 percent price hike: “I would think this type of pricing is consistent with the value.”

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Source:

arstechnica.com/science/2023/01/moderna-may-match-pfizers-400-price-hike-on-covid-vaccines-report-says/

h/t Brown Star Kachina

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