U.S. commits $2.5B total to Moderna’s COVID-19 vaccine as biotech closes 100M dose deal

Moderna’s $2.48 billion across two COVID-19 vaccine deals with the U.S. government imply a price per dose of $24.80 for mRNA-1273 -- in line with those for the vaccines in the two other largest Operation Warp Speed procurement deals and about $10 cheaper than the midpoint of a price range floated by Moderna’s management team last week.

Operation Warp Speed’s $1.53 billion agreement Tuesday to buy 100 million doses of mRNA-1273 brings the initiative’s total commitments to about $10.8 billion to procure doses of six different vaccines. ...