Covıd-19, Coronavirus, Vaccine, Moderna

Covıd-19, Coronavirus

Moderna in talks to supply countries with COVID-19 vaccine; US$32-$37 a dose for smaller deals

Moderna in talks to supply countries with COVID-19 vaccine; US$32-$37 a dose for smaller deals

5/8/2020 4:34:00 PM

Moderna in talks to supply countries with COVID-19 vaccine; US$32-$37 a dose for smaller deals

Moderna Inc said on Wednesday it has started talks with several countries for supply agreements for its experimental coronavirus vaccine and has ...

BookmarkMASSACHUSETTS: Moderna is in talks with several countries for supply agreements for its experimental coronavirus vaccine, the company said on Wednesday (Aug 5), adding that it had already received about US$400 million in deposits for potential supply.

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The company's vaccine candidate is one of the few to be in the final stages of testing as drug-makers race to develop a safe and effective vaccine against the pandemic that has claimed more than 700,000 lives worldwide.AdvertisementAdvertisementModerna said on Wednesday smaller volume agreements for its experimental COVID-19 vaccine candidate have been executed between US$32 and US$37 per dose.

"We will be responsible on price well below value during the pandemic," CEO Stephane Bancel said on a conference call, adding that larger volume agreements under discussion will be at a lower price.Last week, Moderna announced the start of a late-stage trial on 30,000 people to demonstrate that its vaccine was safe and effective, the final hurdle prior to regulatory approval. It has said the vaccine could be ready for widespread use by the end of this year. headtopics.com

The company, which ended the quarter with US$3.1 billion in cash, cash equivalents and investments, said it was on track to complete enrolment in the study in September.AdvertisementAdvertisementModerna said last month it plans to price its coronavirus vaccine in a way that ensures broad access and that it did not intend to conduct late-stage trials of the vaccine outside the United States.

"As we pivot to a commercial stage company, we recognise the need for responsible pricing in the face of the pandemic," Bancel said in a statement. Read more: CNA »

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Moderna says discussing supply deals with countries for Covid-19 vaccineBANGALORE (REUTERS) - Moderna said on Wednesday (Aug 5) it has started talks with several countries for supply agreements for its experimental coronavirus vaccine and has received about US$400 million (S$548 million) in deposits for potential supply.. Read more at straitstimes.com.

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