HomeAbout

TL;DR CNBC


Watch: Moderna CEO Stephane Bancel testifies before Senate on Covid vaccine price hike - TL;DR CNBC

Watch: Moderna CEO Stephane Bancel testifies before Senate on Covid vaccine price hike

Publishing timestamp: 2023-03-22 14:12:36


Summary

Moderna's CEO, Stephane Bancel, testified before the Senate health committee on the pricing of the company's Covid-19 vaccine. The company plans to charge $130 per dose once the vaccination program moves to the private market. Senator Bernie Sanders criticized the price hike in a letter to Bancel in January, but Moderna said it would create an assistance program to keep the vaccine free for uninsured or underinsured individuals.


Sentiment: MIXED

Tickers: MRNA

Keywords: biotech and pharmaceuticalsbiotechnologypandemicsepidemicspoliticsu.s. economydisease outbreaksbusinesshealth care industrycoronavirusmoderna incbreaking news: businessbusiness news

Source: https://www.cnbc.com/2023/03/22/watch-live-moderna-ceo-stephane-bancel-testifies-before-senate-on-covid-vaccine-price-hike.html


Developed by Leo Phan