White house: Price hike for Moderna’s COVID shots hard to justify

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WASHINGTON (Reuters) – The price hike for Moderna (NASDAQ:MRNA) Inc COVID-19 shots is hard to justify, White House spokesperson Karine Jean-Pierre said on Thursday.

Moderna is considering pricing its vaccine at $110 to $130 per dose in the United States when it shifts from government contracting to commercial distribution, the company’s chief executive, Stephane Bancel, told the Wall Street Journal on Monday.