Moderna is discussing supply deals for its experimental Covid-19 vaccine candidate, with several countries adding that it plans to charge between $32 to $37 per dose
U.S. biotech firm Moderna is discussing supply deals for its experimental Covid-19 vaccine candidate with several countries, the companyModerna has already received $400 million in deposits from multiple governments for its vaccine thatModerna’s vaccine candidate, mRNA-1273, is one of the few to have begun phase three safety trials—with plans to enroll 30,000 people—results for which are expected as early as October.
The company said on Wednesday that it had received about $400 million in deposits from various countries for the potential supply of its vaccine. The company said it will charge between $32 to $37 per dose of its vaccines, under what it termed cheaper “pandemic pricing.” Moderna CEO Stephane Bancel said in the statement, “As we pivot to a commercial-stage company, we recognize the need for responsible pricing in the face of the pandemic.”
So far the company has received nearly $1 billion from the U.S. government under a plan to accelerate vaccine development.Moderna’s vaccine candidate contains genetic material called messenger RNA that causes cells to produce the Covid-19 spike protein and induces an immune response from the body.from an early stage of trials showed that Moderna’s experimental vaccines produced a robust immune response in all 45 individuals who participated.
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