Health
COVID-19 vaccine makers must deliver on time to get paid by US – Aljazeera.com
The move by the Trump administration puts pressure on drugmakers including Moderna to meet the ambitious targets.
The United States is tying payments for COVID-19 vaccines to timing milestones for production and approval, according to public documents and a Trump administration official, putting pressure on drugmakers including Moderna Inc to meet ambitious targets.
In a deal with Moderna announced this week, federal agencies negotiated a sliding scale of payments. The Cambridge, Massachusetts, biotech’s $1.5bn deal pays out in full if its vaccine receives regulatory clearance by January 31, 2021, accordin…
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