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White House Signs $1.5 Billion Vaccine Deal With Gates-backed Moderna

15-8-2020 < SGT Report 57 604 words
 

by Luis Miguel, The New American:



The Trump administration this week announced the closing of a $1.5 billion contract under which the federal government will purchase 100 million doses of an eventual COVID-19 vaccine produced by the biotechnology company Moderna, the sixth such deal reached since May.


“I’m pleased to announce that we have reached an agreement with Moderna to manufacture and deliver 100 million doses of their coronavirus vaccine candidate,” the president sait at a White House news conference. “The federal government will own these vaccine doses, we’re buying them.”



In a statement, Moderna Chief Executive Stéphane Bancel welcomed the deal. “We appreciate the confidence of the U.S. government in our mRNA vaccine platform and the continued support,” he said.


The Moderna vaccine will reportedly cost approximately $15 per dose, though the government will provide them to the American public free of charge.


As the U.S. Department of Health and Human Services (HHS) explained on Tuesday, “If these doses are used in a COVID-19 [coronavirus disease] vaccination campaign, the vaccine would be available to the American people at no cost. As is customary with government-purchased vaccines, healthcare professionals could charge for the cost of administering the vaccine.”


Under the newly signed agreement, the government will also have the option of purchasing an additional 400 million doses.


According to the Wall Street Journal, the U.S. government has “also invested in vaccine research and development, as well as supplies like vials and syringes.”


The administration has already signed five previous such deals with drugmakers such as Johnson & Johnson, Novavax, Pfizer and Sanofi, and AstraZeneca — all part of Operation Warp Speed, which seeks to obtain over 500 million vaccine doses.


President Trump has vowed to deliver a safe and effective vaccine by January 2021 through Operation Warp Speed.


“In creating a vaccine portfolio for Operation Warp Speed, the Trump Administration is increasing the likelihood that the United States will have at least one safe, effective vaccine by 2021,” HHS Secretary Alex Azar said in a statement on Tuesday.


Moderna is co-developing the vaccine in partnership with the U.S. National Institutes of Health (NIH), which is under HHS. The government has given Moderna nearly $1 billion in U.S. taxpayer funds for its research work.


Currently, the Moderna vaccine candidate is the only one in the final phase.


“There’s never a guarantee that you’re going to get a safe and effective vaccine,” Dr. Anthony Fauci of the National Institute of Allergy and Infectious Diseases told lawmakers late last month, adding, “We feel cautiously optimistic that we will have a vaccine by the end of this year and as we go into 2021.”


News of the deal between the Trump administration and Moderna sent the company’s stock surging 10 percent.


Moderna, whose work is focused on inserting mRNA into living cells, which, hopefully, reprogram the cells to develop autoimmune responses, has received millions of dollars in grant funding from the Bill & Melinda Gates Foundation.


Gates, a proponent of population control, is funding both an under-the-skin vaccine history device that can be read with infrared-equipped smartphones and a remote-controlled contraceptive microchip to go under women’s skin.


Under a partnership between the Bill Gates-supported GAVI vaccine alliance and Mastercard, a new program called Trust Stamp is being tested in West Africa that would use biometrics to verify people’s information.


Read More @ TheNewAmerican.com



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