"Sanders and Moderna Clash Over Drug Pricing in Senate Hearing"

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Source: STAT
"Sanders and Moderna Clash Over Drug Pricing in Senate Hearing"
Photo: STAT
TL;DR Summary

During a Senate committee hearing on Moderna's decision to raise the price of its Covid vaccine, Senator Bernie Sanders stumped Moderna CEO Stéphane Bancel with a question about the company's investments in research and development. Sanders suggested that the government should have a say in drug pricing if it is investing in the development of the drug. This idea could potentially lead to a new approach to drug pricing that takes into account government investment in research and development.

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