NEW YORK-Bernie Sanders, Democratic Senator criticised Moderna price hike, saying it shows “unprecedented level of corporate greed” in the pharmaceutical industry. “And that is certainly true with Moderna.” Moderna has been charging $15-$26 for doses. The US government subsidized $1.7 billion of Moderna’s research at the outbreak of pandemic and then purchased $10 billion worth of vaccine, Sanders said at a Senate hearing where the company’s CEO Stephane Bancel was testifying. Sanders said Moderna thanked US taxpayers by quadrupling its vaccine’s price. Moderna’s chief executive defended hiking price to $130 per dose as soon as government stockpiles run out.
