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Price Gouging: Moderna To Raise Vaccine Prices Over 400% - More Perfect Union [View all]
Moderna is planning to increase the price of its Covid vaccine from $26 to $130 — an increase of over 400%.
After U.S. taxpayers contributed $1 billion to the development of the vaccine, the company is gouging taxpayers to make shareholders rich. The vaccine costs just $2.85 to produce.
As we explain, the Biden administration has the power to step in to lower the price of this lifesaving drug.
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