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Moderna CEO pushes back on pricing plans for Covid-19 shot, WSJ reports
The Fly

Moderna CEO pushes back on pricing plans for Covid-19 shot, WSJ reports

Stephane Bancel, the CEO of Moderna, defended the company against criticism of its pricing plans for the Covid-19 vaccine, The Wall Street Journal’s Jared S. Hopkins reports. At Monday’s Wall Street Journal Health Forum, Bancel said the company’s mRNA platform was funded by investors, not the government, and the public funding accelerated development of the vaccine. The CEO of Moderna, which has been questioned about its strategy around commercial pricing, said "We didn’t get a penny," and that the company unsuccessfully sought funding in the first half of 2020 from countries and foundations to help with manufacturing. Reference Link

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