Moderna CEO Reminds People About Value Of Government Negotiations At Senate Hearing

 
• By Sarah Karlin-Smith

Stéphane Bancel also gave conflicting answers for how the company set the cost of its mRNA COVID-19 vaccine as Democratic lawmakers tried to berate Moderna for its coming price hikes. Republicans lawmakers argue against retroactive shaming, saying that if the government wanted to set the eventual commercial price, it should have done that early in negotiations.

covid on capitol hill
Lower prices for bulk purchasing highlighted at Moderna Senate hearing. • Source: Shutterstock

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