Moderna is expected to charge about $130 for a single dose of its COVID-19 vaccine once the U.S. government stops buying the shots, according to Reuters.
"There are different customers negotiating different prices right now, which is why it's a little bit complicated," president Stephen Hoge told Reuters on Monday during an interview.
Hoge made his comments two days before company CEO Stephen Bancel is scheduled to appear before the Senate Health, Education, Labor, and Pensions Committee regarding Moderna's pricing plans for its mRNA vaccine.
Bancel is expected to be questioned during the Wednesday hearing entitled, "Taxpayers Paid Billions For It: So Why Would Moderna Consider Quadrupling the Price of the COVID Vaccine?"
According to the U.S. Department of Health & Human Services, the pandemic public health emergency is set to end in mid-May. This means the government will no longer buy and distribute the shots. Instead, price negotiations will shift to insurers and government health programs.
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