Moderna’s Ongoing Partnership with Lonza

Date:

If the production of mRNA for the Covid-19 vaccine will end at the Lonza site in Visp, Moderna is maintaining its strategic partnership with the Valais company, assures the boss of the American group. This ten-year partnership was signed in 2020.
“We will discuss possible collaborations as our messenger RNA portfolio materializes,” declared Moderna’s CEO, Stéphane Bancel, in an interview broadcast Monday by Le Temps.

He explains that Moderna is “right-sizing its industrial footprint and supply base to accelerate its gross margin expansion toward its long-term goal of 75-80%.” Demand for the vaccine has fallen by 66%, he notes.

Center of excellence in Madrid

The company based in Cambridge, near Boston, in the US state of Massachusetts plans to absorb demand for mRNA at its Norwood site over the next two years.

In 2025, Moderna plans to expand its capabilities at its new mRNA manufacturing facilities in the United Kingdom, Canada and Australia. Only the manufacturing partnership with Rovi in Spain will be maintained. “At the beginning of this year, we opened a new center of excellence in Madrid,” notes Stéphane Bancel.

This center allows analytical tests to be carried out to certify batches of mRNA vaccines for markets outside the United States, he adds. “It makes Spain the largest production center covering all stages of the Moderna vaccine production chain outside the United States.”

This article is originally published on .rts.ch

 

Share post:

Subscribe

Electric Scooter XElectric Scooter X

Popular

More like this
Related

Lifestyle Sports in the UK: A Deep Insight into an Evolving Culture and Market

The landscape of lifestyle sports in the UK is...

Europe Bulletin: UK Boosts Housing, EU Tightens Russia Sanctions, OpenAI Expands

Europe is witnessing pivotal developments as the UK government...

UK Military Reports Ship Ablaze After Attack Off Yemen Coast: Gulf of Aden Incident

A Cameroon-flagged tanker caught fire after being struck by...

Can Ship Engines Run Off Salt Water? Exploring the Future of Clean Maritime Fuel

Shipping industry innovators are investigating an exciting new frontier:...