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Moderna disclosed Monday that it plans to price its Covid-19 vaccine at anywhere from $110 to $130 per dose when the company pivots from a focus on government contracts to commercial distribution efforts.

The timing was not offered, but the company is holding talks with hospitals, pharmacy chains and pharmacy benefit managers. In setting such a price, Moderna will pursue the same path as Pfizer, which last year also announced plans to charge $110 to $130 a dose this year for its own Covid-19 shot.


As with Pfizer, Moderna expects to charge commercial insurers significantly more than what the U.S. government has paid for its vaccine. The cost per dose to the federal government in a $1.74 billion contract signed last July was $26.36, compared with $15.25 to $17.50 per dose in four previous government contracts. Pfizer has charged the U.S. government $19.50 to $30.48 a dose.

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