Contract Confirms US Government Received $400 Million From Major COVID-19 Vaccine Manufacturer

 The U.S. government received hundreds of millions of dollars from vaccine manufacturer Moderna, according to a newly disclosed contract.

Moderna agreed to pay the U.S. National Institutes of Health to license spike protein technology that the company used in its COVID-19 vaccine, according to the contract.

The newly disclosed contract states that Moderna would pay the NIH a "Noncreditable, nonrefundable royalty in the amount of Four Hundred Million dollars."

Unredacted information in the contract confirmed that Moderna had agreed to pay the NIH royalties before the agreement took effect in late 2022, as well as a "Minimum annual royalty," "Earned royalties," and "Benchmark royalties."

Moderna and Pfizer both received enormous government contracts for their vaccines, which helped in development and manufacturing.

Although it's unclear from the contract what specific revenue the partners will receive from Moderna, Dartmouth stated previously that it would make money through the agreement.

Moderna CEO. Moderna CEO Stéphane Bancel, whose net worth has skyrocketed during the pandemic, said in a recent appearance before Congress that Moderna created the spike protein technology in question but that the company abandoned the patent because of disagreements with the NIH. "What our team did is develop the mRNA molecule. What the NIH did, which was a great confirmation, is they designed the same protein that our team did in parallel. The design of the mRNA vaccine was done by our team. This is our technology," Bancel said.

https://www.theepochtimes.com/contract-confirms-us-government-received-400-million-from-major-covid-19-vaccine-manufacturer_5144915.html