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Moderna Says It’s Gotten $400 Million in Covid Vaccine Deposits

Aug. 5, 2020, 11:44 AM

Moderna Inc. said it has received $400 million of deposits so far for potential supply of its Covid-19 vaccine as part of discussion with several countries.

There wasn’t a lot of detail on where the supply is coming from, and what the price is, from the company’s second-quarter earnings release on Tuesday. Investors are waiting to see if Moderna strikes a deal to sell a big supply of its vaccine to the U.S. Its competitor Pfizer Inc. already has such a deal, at just under $40 for a two shot regimen.

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