Moderna CEO Stephan Bancel has said he wants to expand the company’s mRNA vaccine production to all continents of the world, Reuters reported.
Speaking at a panel discussion at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, Bancel said:
Moderna, which rapidly progressed from a little-known Massachusetts-based clinical-stage company to a dominant player in the global vaccine market over the course of the COVID-19 pandemic, plans to expand its mRNA vaccine manufacturing capacity overseas doing.
In August 2021, Moderna signed a memorandum of understanding. with the Canadian government Build a “state-of-the-art messenger RNA” vaccine manufacturing facility. the goal, According to the companyis to allow Canada to activate the site and ensure “direct access to rapid pandemic response features” “in the event of a future pandemic.”
A similar agreement was signed between Moderna and the Australian government in March 2022. As part of the partnership, Moderna will build vaccine plants in Melbourne and Victoria to provide Australians with his mRNA for COVID-19, seasonal flu, respiratory syncytial virus (RSV), and other potential respiratory viruses. We offer a portfolio of vaccines.
In Africa, Moderna has chosen Kenya as the country to host its mRNA vaccine site. In March 2022, Moderna announced it was investing up to $500 million to produce up to 500 million doses annually in Kenya across the African continent.
Moderna also turned to the UK as a base for its expansion into Europe. His June 2022 agreement with the UK government will allow Moderna to set up an “mRNA innovation and technology center” in the country.
The latest move in Moderna’s efforts to bring mRNA vaccine production out of Massachusetts came in September 2022, when Mr. Bancel visited Japan to negotiate a long-term vaccine contract with the Japanese government.he Said Japan’s Nikkei newspaper has said that COVID-19 will “never go away completely” and that a COVID vaccine will eventually become annual, like a flu shot.
Bancel’s visit to Japan comes a year after a foreign object was found in a vial of the COVID-19 vaccine, and Takeda Pharmaceutical, the Japanese pharmaceutical giant and distributor of Modern’s Vaccines in Japan, has delivered more than 1.6 million doses. I was forced to suspend the use of
“Substance that reacts to magnets…maybe metal,” Japanese health official reportedlyaccording to the Nikkei.
Bancel is one of over 2,600 government, business and academic elites attending the WEF conference from January 16-20. The theme of the 2023 Summit is “Cooperation in a Divided World”.
According to the US Embassy in Switzerland, US delegation In addition to US Presidential Special Envoy John Kerry, Director of National Intelligence Avril Haynes, FBI Director Christopher Wray, and US Trade Representative Katherine Tye.