Willington Fruit Farm

Main Menu

  • Home
  • Outdoor market
  • Consumer demand
  • Food processing firm
  • Profit on produce
  • Wholesalers profit

Willington Fruit Farm

Header Banner

Willington Fruit Farm

  • Home
  • Outdoor market
  • Consumer demand
  • Food processing firm
  • Profit on produce
  • Wholesalers profit
Profit on produce
Home›Profit on produce›Moderna, Racing for Profits, keeps Covid vaccine out of reach of the poor

Moderna, Racing for Profits, keeps Covid vaccine out of reach of the poor

By Marsha A. Jones
October 9, 2021
0
0


Moderna’s market value has nearly tripled this year to over $ 120 billion. Two of its founders, as well as an early investor, were on Forbes magazine’s list of America’s 400 richest people this month.

As the coronavirus spread in early 2020, Moderna rushed to design its vaccine – which uses a new technology known as messenger RNA – and to schedule a safety study. To manufacture the doses for this trial, the company received $ 900,000 from the nonprofit Coalition for Outbreak Preparedness Innovations.

The nonprofit group said Moderna had accepted its “fair access principles”. This meant, according to the coalition, that the vaccine would be “first available to populations when and where they are needed and at affordable prices for populations at risk, particularly low- and middle-income countries or entities in the sector. public who procure on their behalf.

Moderna OK in May to deliver up to 34 million doses of vaccine this year, plus up to 466 million doses in 2022, to Covax, the struggling United Nations-backed program to immunize the world’s poor. The company has yet to ship any of those doses, according to a spokesperson for Covax, although Covax has distributed tens of millions of doses of Moderna donated by the United States.

Mr Bancel said many more doses would have been sent to Covax this year had the two sides reached a supply agreement in 2020. Aurélia Nguyen, a Covax official, denied this, saying: “It has become clear from the start that the best we could expect were minimum doses in 2021.

At the end of last year, the Tunisian government was hoping to order doses of Moderna. Dr Hechmi Louzir, who led the vaccine procurement efforts in Tunisia, was unsure of how to contact Moderna to start talks and sought help from the US Embassy in Tunisia, he said. he declares. Officials contacted Moderna, he said, but nothing came of it.

“We were very interested in Moderna,” said Dr Louzir. “We tried.”


Related posts:

  1. Netflix CEO talks live sports strategy
  2. How Businesses Can Help Fight Polarization
  3. Rivian is not Tesla. This is exactly what these buyers want
  4. With EPS Growth And More, Zebra Technologies (NASDAQ: ZBRA) is interesting

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021

Categories

  • Consumer demand
  • Food processing firm
  • Outdoor market
  • Profit on produce
  • Wholesalers profit

Recent Posts

  • Canada Goose predicts upbeat annual sales and profits on China recovery hopes
  • Why You Should Adopt Stinging Nettles
  • Can B Corp. reports first trimester
  • Vine Street Market in O’Fallon IL opens fourth season
  • Bankrupt Country: Fawad