Moderna says U.S. government increased its COVID-19 vaccine contract to $1.25 billion

FILE PHOTO: A health care worker fills a syringe with Moderna COVID-19 vaccine as California opens up vaccine eligibility to any residents 16 years and older during the outbreak of coronavirus disease (COVID-19) in Chula Vista, California, U.S., April 15, 2021. REUTERS/Mike Blake

(Reuters) – Moderna Inc said on Wednesday the U.S. government had agreed to increase the contract for the company’s COVID-19 vaccine by $236 million to roughly $1.25 billion, which also includes reimbursement for costs of late-stage clinical trials. (bit.ly/3eBLcEf0)

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