The company anticipates investing up to USD 500m in this new facility which is expected to include drug substance manufacturing with the opportunity for fill/finish and packaging capabilities at the site. The company expects to begin a process for country and site selection soon.
Moderna and its partners have ramped up capacity worldwide and have supplied more than 500 m doses of Moderna's COVID-19 vaccine to date.
As recently announced, there are several efforts to continue increasing capacity at a significant pace.
This announcement is a new investment aimed at adding a manufacturing site in Africa to Moderna's expanding global network.
Moderna's pipeline includes 20 vaccine candidates in its prophylactic vaccines modality including vaccines against respiratory viruses, vaccines against latent viruses and vaccines against threats to global public health.
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