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Moderna, Racing for Profits, Keeps Covid Vaccine Out of Reach of Poor

Moderna, Racing for Profits, Keeps Covid Vaccine Out of Reach of Poor

The New York Times
Saturday, October 09, 2021 03:41:45 PM UTC

Some poorer countries are paying more and waiting longer for the company’s vaccine than the wealthy — if they have access at all.

Moderna, whose coronavirus vaccine appears to be the world’s best defense against Covid-19, has been supplying its shots almost exclusively to wealthy nations, keeping poorer countries waiting and earning billions in profit.

After developing a breakthrough vaccine with the financial and scientific support of the U.S. government, Moderna has shipped a greater share of its doses to wealthy countries than any other vaccine manufacturer, according to Airfinity, a data firm that tracks vaccine shipments.

About one million doses of Moderna’s vaccine have gone to countries that the World Bank classifies as low income. By contrast, 8.4 million Pfizer doses and about 25 million single-shot Johnson & Johnson doses have gone to those countries.

Read full story on The New York Times
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