TV News LIES

Thursday, Sep 24th

Last update04:16:29 AM GMT

You are here News Health Vaccine makers including Moderna must hit U.S. timing goals for full payments

Vaccine makers including Moderna must hit U.S. timing goals for full payments

E-mail Print PDF

VaccineThe 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 (MRNA.O) 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 $1.5-billion deal pays out in full if its vaccine receives regulatory clearance by January 31, 2021, according to filings. It receives $1.2 billion, if it falls short of that timing goal.

Moderna also receives $600 million when it can demonstrate it has built out industrial-scale manufacturing capabilities for its vaccine, even if that happens before the drug is authorized by regulators, the filings show.

TVNL Comment:  Money talks.  Billions of dollars talk very loudly.  Be ready for an untested, very possibly unsafe, and surely premature vaccine.

More...


Most Recent Related Stories...


Coronavirus updates: Cuomo says New York will review vaccines approved by feds; fears of a second wave in Europe

Vaccine will be reviewed in NYC New York state officials will conduct a review of any coronavirus vaccines approved by the federal...

U.S. Covid-19 death toll surpasses 200,000

US Covid-19 deaths top 200,000 In the predawn hours of March 30, Dr. Deborah Birx stepped in front of the camera...

Fauci Aide Unmasked as COVID Troll Will Retire

Fauci aide unmasked as COCID troll resignsBill Crews, a public affairs aide at the National Institute of Allergy and Infectious Diseases, plans...

Pentagon rewriting pandemic playbook after study faults Covid-19 response

Pentagon rewriting Coid playbook The Pentagon is in the early stages of rewriting its pandemic playbook after an internal review...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!