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        <title><![CDATA[US inks $1.5B deal with Moderna for 100M doses of COVID-19 vaccine]]></title>
        <atom:link href="https://usagag.com/2020/08/12/us-inks-1-5b-deal-with-moderna-for-100m-doses-of-covid-19-vaccine/" rel="self" type="application/rss+xml" />
        <link>https://usagag.com/2020/08/12/us-inks-1-5b-deal-with-moderna-for-100m-doses-of-covid-19-vaccine/</link>
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            <media:title type="html">US inks $1.5B deal with Moderna for 100M doses of COVID-19 vaccine</media:title>
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        <content:encoded><![CDATA[<p>The United States has entered an agreement with drugmaker Moderna Inc&nbsp;to acquire 100 million doses of its <strong>potential COVID-19 vaccine</strong> for around $1.5 billion, the company and White House said on Tuesday.</p><p>The United States in recent weeks has made deals to acquire hundreds of millions of doses of potential COVID-19 vaccines from several companies as part of its Operation Warp Speed program, which aims to deliver a vaccine in the country by the end of the year.</p><p>Moderna’s price per dose comes to around $30.50 per person for a two-dose regimen.</p><p>With the exception of its deal with AstraZeneca, which offered a lower price per drug in exchange for upfront research and development costs, all the deals price COVID-19 vaccines between $20 to $42 for a two dose course of treatment.</p><p>Moderna’s vaccine candidate, mRNA-1273, is one of the few that have already advanced to the <strong>final stage of testing</strong> and is on track to be completed in September, the company said this month.</p><p>Moderna’s deal with the U.S. only pays out in full if the drugmaker hits certain unspecific timing benchmarks for vaccine delivery.</p><p>The United States has advanced purchase agreements with Johnson &amp; Johnson, AstraZeneca Plc, Pfizer Inc&nbsp;and BioNTech SE, and Sanofi SA and GlaxoSmithKline Plc&nbsp;for their respective vaccine candidates.</p><p>The agreements would lock in more than 500 million doses of COVID-19 vaccine for the U.S., assuming that the companies involved receive regulatory approval. Some deals also give the United States an option to purchase additional doses.</p><p>The U.S. government previously gave Moderna around $1 billion to fund its research efforts, bringing total U.S. funding to around $2.5 billion.</p><p>Other countries, including Japan, the United Kingdom and Canada, have forged similar deals with drugmakers.</p>]]></content:encoded>
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