The legislators' concerns that Pfizer's price increase might lead other manufacturers of Covid shots to follow suit were verified by Mr. Bancel's remarks. Moderna is now set to quadruple the price of its Covid Vaccine.
Senator Bernie Sanders slammed Moderna for "unacceptable corporate greed" after DailyMail.com disclosed the company's plans to raise the price of its Covid shot.
Sen. Sanders requested Moderna CEO Stéphane Bancel in a letter this week not to proceed with price increases on its Covid vaccine ranging from $26 to $130, claiming that the shot would become unaffordable for millions of Americans.
He went on to say that raising the price of the shot was especially disrespectful given that the US government spent more than $2 billion in taxpayer money to create the vaccine.
The Trump administration's Operation Warp Speed provided a multi-billion-dollar support package for the design and testing of Moderna's Covid vaccine, which led to the company earning an esti...