29.10.2021 16:31:21

Moderna Announces Additional Supply Of Vaccine For COVAX

(RTTNews) - Moderna Inc. (MRNA) reached an agreement with Gavi, the Vaccine Alliance to supply up 116.5 million doses of Moderna's COVID-19 vaccine to be delivered in the second quarter of 2022.

The company noted that the exercise of the options for additional doses represents an increase from an earlier agreement for 60 million doses of its COVID-19 vaccine that was communicated earlier this year.

As per the advance purchase agreement signed on behalf of the COVAX Facility, Gavi continues to retain the option to procure 233 million additional doses in 2022 for a potential total of 500 million doses between 2021 and 2022 under the agreement.

The agreement covers the 92 Gavi COVAX Advance Market Commitment low- and middle-income countries.

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