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Covid-19: Moderna will set up a first vaccine factory in Africa

2021-10-07T17:14:34.017Z


This $ 500 million project comes amid increasing pressure on laboratories. Thanks to the profits made over the past twelve months, Moderna is boosting its production facilities and expanding its geographic footprint. The American biotech will invest up to $ 500 million in the construction of a factory in Africa. This new site, which will have an annual production capacity of 500 million doses, should be operational within two to four years. The choice of country has not


Thanks to the profits made over the past twelve months, Moderna is boosting its production facilities and expanding its geographic footprint.

The American biotech will invest up to $ 500 million in the construction of a factory in Africa.

This new site, which will have an annual production capacity of 500 million doses, should be operational within two to four years.

The choice of country has not yet been made.

The factory aims to serve the countries of the region with anti-Covid vaccines, but not only.

The American biotech has, in fact, 20 vaccines in clinical development from its platform centered around messenger RNA, including influenza or cytomegalovirus infection, dangerous for pregnant women and their babies.

To read also

Stéphane Bancel: "It was impossible to imagine the future of Moderna without a factory in Africa"

"

Given our portfolio of vaccines in respiratory and tropical diseases as well as against AIDS, it was impossible to imagine the future of Moderna without a factory in Africa,"

explains Stéphane Bancel, CEO of

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Source: lefigaro

All business articles on 2021-10-07

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