Business Moderna CEO: 400% price hike on COVID vaccine “consistent with the value” - Lawmakers have already called Pfizer's similar plan "pure and deadly greed."

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Moderna is considering raising the price of its COVID-19 vaccine by over 400 percent—from $26 per dose to between $110 and $130 per dose—according to a report by The Wall Street Journal.

Ars has reached out to Moderna for comment but has not yet received a response. The plan, if realized, would match the previously announced price hike for Pfizer-BioNTech's rival COVID-19 vaccine.

The Journal spoke with Moderna CEO Stephane Bancel at the JP Morgan Healthcare Conference in San Francisco Monday, who said of the 400 percent price hike: "I would think this type of pricing is consistent with the value.”

Until now, the mRNA-based COVID-19 vaccines from Moderna and Pfizer-BioNTech have been purchased by the government and offered to Americans for free. In the latest federal contract from July, Moderna's updated booster shot cost the government $26 per dose, up from $15–$16 per dose in earlier supply contracts, the Journal notes. Similarly, the government paid a little over $30 per dose for Pfizer-BioNTech's vaccine this past summer, up from $19.50 per dose in contracts from 2020.

But now that the federal government is backing away from distributing the vaccines, their makers are moving to the commercial market—with price adjustments. Financial analysts had previously anticipated Pfizer would set the commercial price for its vaccine at just $50 per dose but were taken aback in October when Pfizer announced plans of a price between $110 and $130. Analysts then anticipated that Pfizer's price would push Moderna and other vaccine makers to follow suit, which appears to be happening now.

Lawmakers have already lambasted Pfizer for the steep increase. In a letter sent last month to Pfizer CEO Albert Bourla, Senators Elizabeth Warren (D-Mass.) and Peter Welch (D-Vt.) called the price hike "pure and deadly greed" and accused the company of "unseemly profiteering."

"We urge you to back off from your proposed price increases and ensure COVID-19 vaccines are reasonably priced and accessible to people across the United States," they wrote.

The revelation that Moderna may match Pfizer's price increase comes just a day after Moderna announced that its COVID-19 vaccine sales in 2022 totaled approximately $18.4 billion.

"We enter 2023 in a great position, with significant momentum across our clinical pipeline, a highly energized team and a strong balance sheet of over $18 billion of cash and cash equivalents," Moderna's Bancel said in a press release Monday.

Moderna also noted in the release that it expects to make a minimum of $5 billion in COVID-19 vaccine sales in 2023.

https://arstechnica.com/science/202...400-price-hike-on-covid-vaccines-report-says/ (Archive)
 
What kind of absolute fucking idiot would take this shit now that ten year olds are dropping dead on the playgrounds with heart failure?
Boomers. They are the ones who are most adamantly "Vaxx Everyone!!!"
Boomers have lived selfish, degenerate, evil lives. They've destroyed their own societies and cultures, and have not a scrap of gratitude for everything they were given, nor a shred of remorse for all their wrongdoings. They fear death and judgement, hence they will go to any lengths, including literally harming/killing their own children and grandchildren, to stave off their appointment with the Grim Reaper.
 
Yeah fuck pharma and their life saving drugs!

Clearly the problem is capitalism and not the cult of media worship and the church of the science.

I'm in the field of biomedical science. I see what goes on and I know what these fucking people do. I know how that fucking sausage is made. Pharma is exactly the fucking problem. I've seen drugs skyrocket in price for no fucking reason other than one company makes them. Insulin is a drug I can fucking make right now in my lab. Give me the gene and some e. coli and I can make you some insulin (I'll need some chemistry to make it injectable but that's what the industrial pharm people are for) but drug companies choose to manufacture the most expensive brands only because it is literally a life and death medication. Epi-pens went up to insane prices because the companies involved colluded with each other to keep prices high. Lexapro is just a fucking enantiomer of celexa and it was granted a fresh ten year patent. Do I even have to fucking mention opioids? Oh and there was the 'female viagra' that was pushed on women that nobody asked for except this small weirdo group that suddenly propped up overnight...which was funded by the pharmaceutical industry. Yeah, they basically hired them to scream at the FDA that they were sexist until they approved a drug that basically did fucking nothing and fucked you up hard if you drank alcohol. Then there were the pharma firms who paid this research outfit to get patients to take their drugs and their records were so incredibly sloppy it gave the pharma companies the results they wanted by being grossly incompetent. But with just enough doubt, legally, that they could claim "I'm sorry government, we're just that retarded, its totes not on purpose to get this drug approved." Then you've got things like Vioxx, and Bayer giving people AIDs and HIV because they couldn't be bothered to fucking autoclave blood transplants.

So don't fucking tell me they're in the business of saving lives. They're just a business, period end of story. Saving lives is like....tenth on the list. MAYBE. The absolute second you stop looking at the pharmaceutical industry it will try and fucking kill you as well as sell you a pill you don't need and then try to buy your corpse for more medical research and then fuck your family out of a payout by doing a 'bankruptcy' and then change its name so everyone forgets it killed you and sold your spare parts off. I'm ALREADY seeing a deluge of articles with the American Academy of Pediatrics saying the solution for childhood obesity is drugs and surgery. You wanna know fucking why? Two drugs have just been recently found and approved for weight loss. And that's one of the fucking least evil things its done.

Drug companies have been evil and unethical ever since they were a thought in a person's mind, and if you think any different, holy fucking lol. If the choice is cure cancer or boner pills, they'll go with boner pills, because there's no return on a cured patient. And honestly, to a pharmacetical company, I'd say that's actually one of their more ethical decisions (you know, as long as the boner pills work and they fund them properly and aren't just inventing yet another boner pill because their other boner pill is going generic....there's a lot of caveats to 'ethical pharmaceutical decisions'). Money and saving lives don't fucking go together. They never have and they never ever will. Its why your medical decisions aren't being made by a doctor, its made by an insurance company actuary telling you what it can 'afford' (IE: What it will cost the company the least amount of money) and a pharmaceutical company shoving bribes to a doctor to push its drugs on you. Its why a shotgun needs to be perpetually up the ass of every pharma executive and if that sphincter twitches wrong, that trigger gets pulled.

I work in the ‘getting research to patients’ field, and it’s a strange place to be. I know some incredibly dedicated scientists who have dragged work from the lab to patient to market to be almost-cures for one form of cystic fibrosis, spinal muscular atrophy forms of progressive blindness and developed new antibiotics and there was some fantastic work out last week about a hugely effective gene therapy for epidermolysis bullosa (if your stomach is strong, look that one up.) so there are some of us who genuinely are ethical, genuinely want to do good and work very hard to do that. We do a valuable job.
And then… in the same organisations you have asbestos in baby powder, dodgy as fuck marketing, lethal contaminants, and every poor practice under the sun. You have entire societies manipulated to create diseases that were not culturally recognised (look up ‘a cold of the soul’ in the context of Japan and prozac marketing. You have drugs that kill and people know it but they’re not pulled. All for money. And you have the whole sorry covid injection saga. Which was money and maybe something even worse.
So yes, while we do make lifesaving drugs, and we need to exist, I agree with @Secret Asshole that we also need to be watched like a hawk and regulated harder than hard. The love of money has been a big root of the old school pharma behaviour (‘yeah it kills one percent but it’s made us billions so sit in that data!’’ Is pure greed) but you are right to pick out the church of scientism as one cause of the more recent stuff. The covid hysteria could NOT have played out as it did without that cult like attitude.
It’s a strange industry at the moment, but it’s a strange world
Oh boy, you poor motherfucker. I'm more on the academic/regulatory side (honestly, my discipline is so small, mentioning it is actually a power level) but yeah. Mine is at least more tolerable. But...its not an enviable position to be in.

The cult of science is a huge problem. I fucking despise the "I FUCKING LOVE SCIENCE" people so much I wish that more people believed in black magic than 'LOVE SCIENCE'. This sort of cultism is how we get the fucking 20 year ruination of the field of dementia research, COVID vaccine cults where you now have executives being forced to admit they KNEW their vaccines wouldn't prevent you from getting the virus or spreading it, making it fundamentally fucking useless as a vaccine. No fucking chance am I touching it ever again.

Also anyone who says 'science is settled' seriously should be beaten to death with a bag of hammers. Holy shit.
Hey no worries be as blunt as you want, this is the farms.
Who watches? I don’t know. We can’t trust anyone any more. I don’t know if you’ve seen those experiments where they test if you’ll steal or hurt someone, but they consistently show that a small minority will always do the bad thing, a small minority will never do the bad thing and the bulk will do it or not depending on peer pressure and if they get caught.
I’m the type who wouldn’t do something I deem immoral even if I knew 100% I wouldn’t get caught because it would eat away at me. (Nb this does not necessarily line up 100% with what the law is.) It’s been a shock to see how few people are like that and what the consequences of that are.
Not absolutely everyone is deeply corrupt, but I think any body or organisation big enough to have an impact is rotten to the core. I dont know how to fix it.
Honestly I’d retire tomorrow if I could. I no longer want to work in this whole thing
What I've learned about a lot of people, from intelligent people to scum on Twitter and Redditt, is that most of them are self-centered to the core. Some are better at hiding it than others, but you really just have to look at the lowest criminal and how honest they are and it basically sums up a lot of people. "I don't know them so I don't care." Is the attitude a lot of people have. Many people are also incurious to the things they do and don't care what is happening.

And then there are people who will do terrible things and know they're terrible but go along with it because everyone is going along with it and they don't want to be the odd one out. Depending on the extremity of it, you sort of have to have an unshakeable will and a morality basically of iron. Its a very rare individual who can stand up to that sort of withering pressure when no one wants to move or lift a finger and it is not in your best interest to do so or keep fighting.

The saintly individuals you find are rare but its hard to find them, especially when you need them. Everyone has a limit and a price these days.
 
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@Secret Asshole Valid points. I should have @'d you on my reply to Otterly I was far too blunt in my reply to you. My first reading of your post caused a more fuck capitalism response than it probably warranted.

I agree that there are tremendous issues with pharma and to reiterate my thoughts in reply to Otterly: Who do we trust to reform the industry?

DC? Nope.
Medical associations? Nope.
Watchdog groups? Which ones are not desperately corrupt?

My initial reply was too simplistic due to exasperation as with education, law enforcement, and general policy we are so boxed in with pharma that it stemmed from frustration and a simple reply to a point you were not making: Money bad.
 
>>Pharma is exactly the fucking problem

Careful there, you sound just like a COMMUNIST.
 
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If you don't work hard and smart enough to pay for your medicine you deserve to die.
And complaining about the price of insulin?! How dare he! We'll turn into Venezuela if we don't hike the price! Do you want to be Venezuela? I don't!

Diabetics need to get off their ass and work harder, or quit eating GOYSLOP!
 
The saintly individuals you find are rare
I’m not saintly in any way. I’m as dumb and fallible a sinner as the next person. BUT, I’ve done those tests - we had them done to us at uni to prove a point in classes and I used to be a research Guinea pig (for anything non interventional) to make a few quid when I was a poor student. I always got sent to the pile of people who wouldn’t be dishonest even under pressure. As a child I was levelled stubborn for not complying with things I thought were wrong. That doesn’t mean I won’t break the law, it means I won’t break my internal moral whatever it is
I had pretty much this exact conversation with my parents over Christmas and they are both exactly the same, so maybe it’s a combo of nature and nurture?
But boy the repercussions of it. I nearly lost my last job for not taking the shot. It’s not inconceivable I’ll lose my current one because I can’t get in to America for business travel. I have a family to support. I have lost friends, and I don’t have a lot of friends. I’ve been humiliated and threatened at work and in public by people I thought were close. I’ve lost standing - people who previously would ask me for an opinion now won’t in case they catch the anti covid vaxx cooties.
It’s funny but now almost all that pressure has just quietly stopped. The people who yelled at me for not getting it have all had covid at least once and been poorly with it. When covid goes round everyone gets it, jabbed or not unless they’re the group who never got it regardless. There have been multiple TIAs and heart attacks at work in a youngish and healthy demographic. There’s a sense of perhaps unease but more likely a sense that people were coerced to do something at best pointless and useless and to go after those who didn’t comply like attack dogs.
My conscience is clear. I said what I believed, and I stuck by it and if evidence changed I was willing to change my opinion with it. That’s not saintly, it should be the norm.
I had conversations with colleagues when the mandates arrived where they were just saying ‘they say we have to have it so we must have it’ and I was saying to them ‘why? Why comply like this if you dont want it. You’re valuable they won’t sack you. No one has been sacked so far. Just hold out, be polite and just don’t do it.’ You dint beg for religious exemption you assert it as a right.’ They couldn't even wrap their heads round the idea that you don’t have to do what people tell you - you ask yourself is this right/moral/necessary? And if it’s not you don’t do it unless there’s a gun to your head.
I am terribly disappointed with my fellow man and their order following. If maybe a third of people had told the system to fuck off we would not be in this mess.
 
Boomers. They are the ones who are most adamantly "Vaxx Everyone!!!"
Boomers have lived selfish, degenerate, evil lives. They've destroyed their own societies and cultures, and have not a scrap of gratitude for everything they were given, nor a shred of remorse for all their wrongdoings. They fear death and judgement, hence they will go to any lengths, including literally harming/killing their own children and grandchildren, to stave off their appointment with the Grim Reaper.
It isn't boomers, they are unironically the ones I've found to be the most suspicious of this thing. The biggest proponents of it are the dumbfuck younger generations.
 
It isn't boomers, they are unironically the ones I've found to be the most suspicious of this thing. The biggest proponents of it are the dumbfuck younger generations.
Certainly the dumbfuck Zoomers and Millennials fell for it, but there's no doubt that the Most Vaxxed group are Boomers.

@Otterly
The people who yelled at me for not getting it have all had covid at least once and been poorly with it.
I hope you smile knowingly at them.

@Otterly
I am terribly disappointed with my fellow man and their order following
A lot of people will go along to get along. I've never been one, and it's caused lots of conflict but fuck those people.
The real problem is the ones who think, "If I had to do it, you do too!" They're weak people, who hate themselves for their own cowardice, and resent you for being what they don't dare to.
 
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The saintly individuals you find are rare
I’m not saintly in any way. I’m as dumb and fallible a sinner as the next person. BUT, I’ve done those tests - we had them done to us at uni to prove a point in classes and I used to be a research Guinea pig (for anything non interventional) to make a few quid when I was a poor student. I always got sent to the pile of people who wouldn’t be dishonest even under pressure. As a child I was levelled stubborn for not complying with things I thought were wrong. That doesn’t mean I won’t break the law, it means I won’t break my internal moral whatever it is
I had pretty much this exact conversation with my parents over Christmas and they are both exactly the same, so maybe it’s a combo of nature and nurture?
But boy the repercussions of it. I nearly lost my last job for not taking the shot. It’s not inconceivable I’ll lose my current one because I can’t get in to America for business travel. I have a family to support. I have lost friends, and I don’t have a lot of friends. I’ve been humiliated and threatened at work and in public by people I thought were close. I’ve lost standing - people who previously would ask me for an opinion now won’t in case they catch the anti covid vaxx cooties.
It’s funny but now almost all that pressure has just quietly stopped. The people who yelled at me for not getting it have all had covid at least once and been poorly with it. When covid goes round everyone gets it, jabbed or not unless they’re the group who never got it regardless. There have been multiple TIAs and heart attacks at work in a youngish and healthy demographic. There’s a sense of perhaps unease but more likely a sense that people were coerced to do something at best pointless and useless and to go after those who didn’t comply like attack dogs.
My conscience is clear. I said what I believed, and I stuck by it and if evidence changed I was willing to change my opinion with it. That’s not saintly, it should be the norm.
I had conversations with colleagues when the mandates arrived where they were just saying ‘they say we have to have it so we must have it’ and I was saying to them ‘why? Why comply like this if you dont want it. You’re valuable they won’t sack you. No one has been sacked so far. Just hold out, be polite and just don’t do it.’ You dint beg for religious exemption you assert it as a right.’ They couldn't even wrap their heads round the idea that you don’t have to do what people tell you - you ask yourself is this right/moral/necessary? And if it’s not you don’t do it unless there’s a gun to your head.
I am terribly disappointed with my fellow man and their order following. If maybe a third of people had told the system to fuck off we would not be in this mess.
I know this doesn't mean much when you are worried about providing for your kids, but you should be proud of yourself. You not only stood against one of the biggest, most malefic psyops in history, but you helped provide a stream of information to others so they too could stand against it.

Anyone who bailed on you during Covid would have bailed on you sooner or later. You'll find as you grow older your friend group shrinks to just those who are ride or die, you just got rid of the hangers on sooner. You were too awesome for them.
 
It isn't boomers, they are unironically the ones I've found to be the most suspicious of this thing. The biggest proponents of it are the dumbfuck younger generations.
Maybe my boomer sample is a tad biased but the boomers know are all vaxxed. At the same time, they all think the whole thing is bizarre and are very based wrt government overreach. Strange mix. None of them were for forcing it on the young either - their attitude was that they knew it affected the elderly and not kids so they’d happily get a shot but didn’t like it being forced on the young.
The only group I know who are absolutely keyed in to the whole scam are the gen X and above Eastern Europeans I know. I asked a few of them why they refused the injections, and what they thought of track and trace and vaxx passes and all the surveillance apparatus and they all just laughed and said a variant of ‘we’ve seen this before, we know where it goes.’
Exposure to True And Honest Communism certainly acts as a vaccine against it…
I do t feel proud I just feel very sad about it all. The whole episode has changed me. I feel a bit broken by it tbh.
 
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