Moderna CEO brazenly defends 400% COVID shot price hike, downplays NIH’s role

Moderna CEO brazenly defends 400% COVID shot price hike, downplays NIH’s role

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In Congressional testimony Wednesday, Moderna CEO Stéphane Bancel unabashedly defended the company's plans to raise the US list price of its COVID-19 vaccines by more than 400 percent—despite creating the vaccine in partnership with the National Institutes of Health, receiving $1.7 billion in…

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