Moderna CEO to Testify on COVID Vaccine Price Hike

Image copyright: Reuters

The Spin

Narrative A

Regardless of what Moderna has announced in terms of abandoning its price-hike plan, the Senate still must play an oversight role in corporate America. Bancel, a billionaire five times over, should have to answer for any profiteering he did off the pandemic, and any plans to hike the vaccine’s price in the future.

Narrative B

Moderna appreciates the assistance it received from the government in developing the vaccine, and it wants to do what’s fair. Bancel’s testimony will be a prime opportunity to convey Moderna’s plan to keep the jab readily available and affordable for all Americans.


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