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Senators grill Moderna on vaccine price hike

NEW YORK CITY: Moderna's chief executive on Wednesday defended the US company's plan to quadruple the price of its lifesaving Covid vaccine to as much as $130 per dose as soon as government stockpiles run out.

Democratic Sen. Bernie Sanders lashed out at the price hike, denouncing the 'unprecedented level of corporate greed' in the pharmaceutical industry. 'And that is certainly true with Moderna,' Sanders said.