US biotech company Moderna ($MRNA) is talking with the Japanese health ministry about the supply of 40 million corona vaccines. The company confirmed this Friday afternoon after Japanese minister Kato Katsunobu communicated about this in national media.
The vaccine will be supplied by Moderna, while Takeda Pharmaceutical will be responsible for distribution. The company would supply the vaccines from the first half of 2021, if the vaccine gets regulatory approval.
Although FDA chief Stephen Hahn attempted to make the argument that the FDA will remain on the straight and narrow science road in approving vaccines for greater public use against the COVID-19 pandemic, President Trump set his own timetable and delivered the agency’s marching orders that would be hard pressed to follow. Earlier today Trump promised a safe and effective vaccine for COVID-19 before the end of 2020. It’s puts pressure on the farmaceutical industry with its effects on farmaceutical stocks like Moderna.
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