Moderna COVID-19 vaccine to cost in between $25-$37 for per shot, says CEO

Moderna Inc has declared that its experimental vaccine is 94% effective in preventing COVID infection.

Moderna Covid-Vaccine Covid-19

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

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

On Monday, an EU official said the European Commission tried to seize a deal with Moderna to get the supply of its coronavirus vaccine in millions of doses for $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.

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Moderna has announced that its experimental vaccine has shown 94% efficacy in preventing COVID-19 based on interim data from a late-stage clinical trial. It became the second drugmaker to publish its results after Pfizer and partner company BioNTech. 

The European Union is in discussions with Moderna for its experimental COVID-19 vaccine at least since July.

 

 





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