COVID-19 vaccine will cost the same as flu shot — Moderna

Moderna says its coronavirus vaccine will cost about the same as a flu shot.

Moderns says its coronavirus vaccine will cost between US$25 and US$37.

Moderna, one of two companies to have a vaccine in the final stages of development, said it will charge governments between US$25 and US$37 per dose of its vaccine candidate, depending on the amount ordered. That according to the company’s CEO Stephane Bancel.

“Our vaccine, therefore, costs about the same as a flu shot, which is between $10 and $50,” Bancel said.

The company recently said its vaccine is 94.5 per cent effective in preventing the coronavirus based on preliminary data from its late-stage clinical trial. It’s announcement came after competitor Pfizer said its vaccine candidate also had an efficacy rate greater than 90 per cent.