Moderna Eyes ~$120 COVID-19 Vaccine Price Tag

January 10, 2023

Moderna is looking to price its mRNA COVID-19 vaccine between $110 and $130 per shot, according Moderna CEO Stephane Bancel in an interview on Monday. The US government currently pays a discounted price of $26 per dose, but as the contract and the public health emergency comes to an end, most vaccine manufacturers are gearing up for price hikes.

According to Peter Loftus, “Even at higher per-dose pricing, sales of Moderna’s Covid-19 vaccine are expected to decline. The Cambridge, Mass., company said Monday it expects minimum Covid-19 vaccine sales of about $5 billion for 2023, with the potential for more. For full-year 2022, it recorded about $18.4 billion in Covid-19 vaccine sales.”

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(Source: Wall Street Journal, January 9th, 2023)

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