Watch dwell: Moderna CEO Stephane Bancel testifies earlier than Senate on Covid vaccine value hike
(The listening to is scheduled to begin at 10 a.m. ET. Please refresh the web page if the video would not mechanically play at the moment.)
Moderna’s CEO, Stephane Bancel, is testifying Wednesday earlier than the Senate well being committee on pricing of the corporate’s Covid-19 vaccine.
The Boston biotech firm plans to cost $130 per dose as soon as the vaccination program strikes to the non-public market as early as this fall. Sen. Bernie Sanders, I-Vt., chair of the well being committee, slammed Moderna in a letter to Bancel in January, calling the worth hike “outrageous.”
Be part of CNBC’s Wholesome Returns on March 29th, the place we’ll convene a digital gathering of CEOs, scientists, buyers and innovators within the well being care area to mirror on the progress made right this moment to reinvent the way forward for medication. Plus, we’ll have an unique rundown of one of the best funding alternatives in biopharma, health-tech and managed care. Study extra and register right this moment: http://bit.ly/3DUNbRo
After Sanders despatched the letter, Moderna mentioned it can create an help program to maintain the vaccine free for people who find themselves uninsured or underinsured.
Individuals who have Medicare, Medicaid or non-public insurance coverage ought to nonetheless obtain the shot without charge, however Sanders mentioned the worth improve “will price taxpayers billions of {dollars}.”
This text was initially printed by cnbc.com. Learn the authentic article right here.
Comments are closed.