Moderna is planning to charge $130 for its COVID vaccine, but the vaccine only costs $2.85 to make.

Meanwhile, over the last two years, the company made over $19 billion in profits off the vaccine.

Folks, this is what corporate greed looks like.

@rbreich I totally agree with you about the disparity between cost to make versus the sale price. That being said, I am curious how much the research of the vaccine cost Moderna.
@ekennedy80 @rbreich Moderna got over $1bn from operation warp speed and has sold a LOT of doses. There is no chance that they aren't already making a big profit.
@krenaud @rbreich That’s what I am thinking. The American people shouldn’t be gouged especially since we helped fund the rollout of the vaccine. I am more curious about the cost of the underlying technology, mRNA platform, that was researched for at least a decade before implementing a COVID vaccine.
@ekennedy80 @krenaud @rbreich
My understanding is that they were not investing in research on the underlying technology because infectious diseases were not profitable before COVID and Operation Warp Speed. The US government paid for the research.
@ekennedy80 @krenaud @rbreich
I don't have a source for this but a friend is in research admin at Moderna and she mentioned it years ago.