14:21
+23 C°
Traffic jam:   2
$
73.7663
86.8451

Moderna plans to increase production of its vaccines for export

21 June 2021
2905
1 min.
3
Moderna plans to increase production of its vaccines for export

Increase in vaccine production

US company Moderna is building two new production lines, the launch of which will allow it to increase production of coronavirus vaccines by 50%, currently carried out at the company's facility in Norwood, a suburb of Boston, Massachusetts. The Wall Street Journal reported this on Monday, citing a statement from Moderna chief executive Stephane Bancel.

Stephane Bancel also noted that increased production of the vaccine would not only help meet demand in the United States, but also make it possible to export the vaccine to other countries in the future.

"We plan and hope that once the United States has sufficient supplies of the vaccine, we will be allowed to export it so that we can help as many countries as possible around the world", Bancel was quoted as saying by The Wall Street Journal.

It is worth noting that the first of the production lines under construction is scheduled to be launched this autumn, the second in early 2022. The company, the newspaper says, is also expanding production of its vaccine outside the US, which with the help of its partners will allow it to increase production to about 3 billion doses in 2022, up from 1 billion doses planned for this year.

Persons1 and Companies2 in the news

Chief executive officer of Moderna
1 place
Moderna
1 place
Section:

Discussion

Rating companies
Apple
76 Mention
Tesla
75 Mention
Nasdaq
72 Mention
Amazon
65 Mention
Dow Jones
60 Mention
Facebook
53 Mention
Microsoft
41 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director