Moderna will charge governments between $25 and $37 per dose of its COVID-19 vaccine candidate, depending on the amount ordered.
"Our vaccine therefore costs about the same as a flu shot, which is between $10 and $50," Chief Executive Stephane Bancel told German weekly Welt am Sonntag (WamS).
On Monday, an EU official involved in the talks said 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 $25 per dose.
"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, adding it was just a "matter of days" until a contract would be ready.
Moderna has said its experimental vaccine is 94.5 per cent effective in preventing COVID-19, based on interim data from a late-stage clinical trial, becoming the second developer to report results that far exceeded expectations after Pfizer and its partner BioNTech.
The EU has been in talks with Moderna for its experimental COVID-19 vaccine at least since July.
Former Japanese Prime Minister Taro Aso, a senior figure in the country's ruling party, met with Donald Trump on Tuesday, becoming the latest US ally seeking to establish ties with the Republican presidential candidate.
Five migrants, including a child, died in an attempt to cross the English Channel from France to Britain in an overcrowded small boat on Tuesday, hours after Britain passed a bill to deport asylum seekers to Rwanda in a move to deter the dangerous journeys.
Israel bombarded northern Gaza overnight in some of the heaviest shelling in weeks, causing panic amongst residents and flattening neighbourhoods in an area from which the Israeli army had previously down its troops, residents said on Tuesday.
Russia launched a drone attack on Ukraine that injured seven people in the Black Sea port of Odesa, two of them children, and also targeted Kyiv, the capital, Ukraine's military officials said early on Tuesday.
A Delhi court on Tuesday extended the pre-trial detention of Indian opposition leader Arvind Kejriwal until May 7 in a corruption case, the legal news website Live Law reported.
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.