Moderna CEO faces criticism over high Covid-19 vaccine cost.
Moderna CEO Stéphane Bancel faced criticism from senators, including Bernie Sanders, for proposing a price hike for the company's Covid-19 vaccine. Sanders slammed "an unprecedented level of corporate greed" and highlighted the personal wealth amassed by top Moderna executives after the vaccine rollout. Moderna has proposed a price of $130 per vaccine dose, which Sanders called "outrageous" given the $12 billion in taxpayer funding for the vaccine's research, development, and procurement. Bancel would not commit to lowering the price or ensuring it will cost less than in other countries.