Just hours after Sen. Bernie Sanders swore to question Moderna’s chief executive in a Senate hearing next month about plans to quadruple the price of its COVID-19 vaccine, the company abruptly reversed course.
Just hours after Sen. Bernie Sanders swore to question Moderna’s chief executive in a Senate hearing next month aboutthe price of its COVID-19 vaccine, the company abruptly reversed course, announcing in a statement that the vaccine would remain free to all consumers “regardless of their ability to pay.” The pharmaceutical giant was widely denounced last month in the wake of reports it was considering jacking up the price of its jabs more than 400 percent—to $130 per dose.
The Biden administration also unveiled the expected end of a public health emergency in May, which would have left uninsured Americans paying out of pocket. In an interview withpublished around noon on Wednesday, Sanders said he had Moderna CEO Stéphane Bancel in his sights.
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