20.9 C
Kuwait City
December 4, 2020
Home » Coronavirus: Moderna to charge $25-$37 for Covid vaccine, says CEO – News

Coronavirus: Moderna to charge $25-$37 for Covid vaccine, says CEO – News

Source link

Moderna has said its experimental vaccine is 94.5% effective in preventing Covid-19.

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

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

On Monday, an EU official involved in the talks said the European Commission wanted to reach a deal with Moderna for the supply of millions of doses of its vaccine candidate for a price below $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.

Moderna has said its experimental vaccine is 94.5 per cent effective in preventing Covid-19, based on interim data from a late-stage clinical trial, becoming the second developer to report results that far exceeded expectations after Pfizer and its partner BioNTech.

The EU has been in talks with Moderna for its experimental Covid-19 vaccine at least since July.

Click here to read more news from @khaleejtimes

Related posts

Dubai’s biggest retail art fair returns on Thursday – News


Coronavirus: Emirates to add 50 destinations to network in June – News


Expat gang steals Dh660,000 in UAE, arrested within 24 hours – News


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please spend a minute

Gulflance Poll

Which is worst social media?
Vote Now

You're currently offline