Moderna, a biotechnology firm, will charge between Ksh.2,700 and Ksh.4,000 per dose of its COVID-19 vaccine, Chief Executive Stephane Bancel intimated, while talking to the German weekly Welt am Sonntag (WamS).

"Our vaccine therefore costs about the same as a flu shot, which ranges between $10 and $50," Bancel added.

On Monday, a European Union official engaged in the talks, said that the European Commission wanted to reach a deal with Moderna for the supply of millions of doses of its vaccine candidate for a price below Ksh.2,700 per dose.

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"Nothing is signed yet, but we're close to a deal with the EU commission. We want to deliver to Europe, and are in constructive talks," Bancel told WamS. He added that it was a "matter of days" until a contract would be ready.

Moderna has indicated that its experimental vaccine is 94.5% effective in preventing Covid-19, and has been in talks with the EU since July.

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