US Government Received $400 Million in COVID-19 Vaccine Royalty Payments: Moderna – IOTW Report

US Government Received $400 Million in COVID-19 Vaccine Royalty Payments: Moderna

EPOCH TIMES

Moderna said on Feb. 23 that it recently reached a patent agreement with the U.S. government over disputed technology that is featured in its COVID-19 vaccine.

In December 2022, Moderna entered “a nonexclusive patent license agreement” with the National Institute of Allergy and Infectious Diseases (NIAID), said CFO Jamey Mock during an earnings call on Thursday.

The agreement lets the company use “certain patent rights concerning stabilizing prefusion coronavirus spike proteins and the resulting stabilized proteins for the use in COVID-19 vaccine products,” Mock said.

Under the agreement, Moderna sent a “catch-up payment” of $400 million to the NIAID before the new year, according to Moderna executives.

“We have agreed to pay low single-digit royalties on future net sales of our COVID-19 vaccines,” Mock said.

NIAID and its parent agency, the U.S. National Institutes of Health (NIH), did not respond to requests for comment.

The Epoch Times has filed a Freedom of Information Act request for the agreement. MORE

10 Comments on US Government Received $400 Million in COVID-19 Vaccine Royalty Payments: Moderna

  1. “reached a patent agreement with the U.S. government over disputed technology that is featured in its COVID-19 vaccine”

    Disputed Government inserted “features” in the quackcine??
    IOW, we are NOT tinfoil wearing paranoids.

    FJB

    8
  2. beachmom
    Biden’s Bounty on Your Life: Hospitals’ Incentive Payments for COVID-19
    ht tps://aapsonline.org/bidens-bounty-on-your-life-hospitals-incentive-payments-for-covid-19/

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  3. Not very good business people, to get $400M. That’s probably .0001%.
    “The U.S. government has so far purchased 20 million courses of Paxlovid, priced at about $530 each”
    That’s $10.6 BILLION to Pfizer.
    ht tps://khn.org/news/article/paxlovid-covid-sticker-shock-insurance/

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  4. crimes against humanity

    Blue Cross Blue Shield pays pediatricians a $40,000 bonus for fully vaccinating 100 patients under the age of 2.
    BUT pediatricians lose the whole bonus unless at least 63% of patients are fully vaccinated, and that includes the flu vaccine.

    wellnessandequality..com/2016/06/20/how-much-money-do-pediatricians-really-make-from-vaccines/

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  5. I’ve been wondering for a while now why the cartels would cut their cocaine and heroin with fentanyl. It seems to me that killing your customers would really discourage repeat business. Now I think they must have had an expert from Pfizer or Moderna write their business plan.

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