Ex­clu­sive: The cu­ri­ous case of the BioN­Tech pri­or­i­ty re­view vouch­er

Ear­li­er this week, the FDA ful­ly ap­proved Mod­er­na’s Covid-19 vac­cine, and with that ap­proval, the com­pa­ny was award­ed what is al­most cer­tain­ly a lu­cra­tive pri­or­i­ty re­view vouch­er.

The vouch­ers can be used for a pri­or­i­ty re­view of a new drug, of­fer­ing a short cut to an FDA de­ci­sion, or can be sold on the open mar­ket — for up­wards of $100 mil­lion.

The PRV for Mod­er­na was is­sued by the FDA un­der its ma­te­r­i­al threat med­ical coun­ter­mea­sure PRV pro­gram, and that pro­gram has al­lowed FDA to pro­vide a PRV for all ful­ly ap­proved prod­ucts used to treat or pre­vent Covid-19.

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