Hi,

COVID vaccines are set to hit the commercial market and Moderna wants to
capitalize by QUADRUPLING the price of a dose.^1 Insatiable corporate
greed taking advantage of a public health emergency, it doesn’t get much
worse than that.

President Biden can prevent this opportunistic profiteering through
executive action that guarantees free availability of the life-saving
vaccine.

[ [link removed] ]Sign the petition: Tell President Biden to stop corporate profiteering
off of COVID vaccines by guaranteeing free access to all Americans.

ADD YOUR NAME

Moderna was only able to develop the vaccine because of a massive
investment by the Federal Government. That taxpayer money enabled the
Moderna CEO to become a multi-billionaire. They’re returning the favor by
jacking up the price the moment they’re able to.

Estimates show that the cost of producing the vaccine is about $2.85 per
dose.^2 Up until now, the government has been buying the vaccine at $26
per dose and distributing it to the American people for free.^1 Moderna
has already made over $19 billion dollars in profit^3 off of the COVID
vaccine which was made in partnership with the National Institutes of
Health (NIH).[cite] The only reason for them to increase the price per
dose to over $110 is so Moderna can grow these massive profit margins.

Pure greed.

Let’s not forget that this vaccine saved millions of lives. It was one of
the most important scientific achievements in history. To leverage a
global crisis for MASSIVE profit is super-villain level evil. Congress
must crackdown on Moderna and other vaccine producers to prevent this type
of soulless price gouging on critically important vaccines.

[ [link removed] ]Sign the petition: Tell Congress to stop corporate profiteering off of
COVID vaccines by guaranteeing free access to all Americans.

Thanks for taking action,

Miguel and the team at Demand Progress

[ [link removed] ]DONATE

Sources:
1. The Hill, “Sanders tells Moderna planned COVID vaccine price hike is
‘unacceptable corporate greed’,” [ [link removed] ]January 10, 2023.
2. OXFAM International, “Vaccine monopolies make cost of vaccinating the
world against COVID at least 5 times more expensive than it could be,”
[ [link removed] ]July 29, 2021.
3. Moderna, “MODERNA REPORTS FOURTH QUARTER AND FISCAL YEAR 2021 FINANCIAL
RESULTS AND PROVIDES BUSINESS UPDATES,” [ [link removed] ]February 24, 2022.
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