Moderna CEO: 400% price hike on COVID vaccine “consistent with the value”
Enlarge / Moderna CEO Stephane Bancel during a Bloomberg Television interview on the closing day of the World Economic Forum in Davos, Switzerland, on May 26, 2022. (credit: Getty | Jason Alden)
Moderna is considering raising the price of its COVID-19 vaccine by over 400 percent-from $26 per dose to between $110 and $130 per dose-according to a report by The Wall Street Journal.
Ars has reached out to Moderna for comment but has not yet received a response. The plan, if realized, would match the previously announced price hike for Pfizer-BioNTech's rival COVID-19 vaccine.
The Journal spoke with Moderna CEO Stephane Bancel at the JP Morgan Healthcare Conference in San Francisco Monday, who said of the 400 percent price hike: "I would think this type of pricing is consistent with the value."