Moderna said Wednesday it wouldn’t raise the price of its COVID-19 vaccine after a public outcry.
The about-face comes after the company was harshly criticized for planning to raise the cost of a vaccine dose about 400% — to the $110-to-$130 range. The company said the decision was made because it was shifting away from government contracts despite the vaccine’s development being publicly subsidized.
The government pays about $26 per dose.
