Moderna CEO Stéphane Bancel will testify before Senate next month on Covid vaccine price hike
Publishing timestamp: 2023-02-15 17:43:33
Summary
Sen. Bernie Sanders has confirmed that Moderna CEO Stphane Bancel will testify before the Senate health committee in March over the company's proposed price hike for its Covid-19 vaccine. Sanders has criticized the proposed price hike as "outrageous" given that the vaccine was developed in cooperation with the National Institutes of Health using taxpayer money. Moderna has said it will offer the vaccine to uninsured people at no cost through a patient assistance program. Pfizer also expects its 2022 revenue to reach a record $100 billion due to the Covid pandemic.
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Keywords: united states, politics, business news, moderna inc, pandemics, health care industry, coronavirus, u.s. economy, bernie sanders, biotech and pharmaceuticals, biotechnology, disease outbreaks, business, epidemics, breaking news: business,