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4/26, 1:32 PM (Source: TeleTrader)
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Sanofi to help manufacture Moderna's COVID vaccine

French pharmaceutical company Sanofi announced on Monday it would help manufacture Moderna´s coronavirus vaccine at its plant in Ridgfield, New Jersey, starting this September.

As per the agreement with Moderna, Sanofi will help manufacture up to 200 million doses of the mRNA vaccine. Sanofi has previously provided manufacturing support to BioNTech and Johnson & Johnson in the production of their respective COVID-19 vaccines.

"We are one of the few pharmaceutical companies to leverage many industrial partnerships to improve global supply and access to COVID-19 vaccines, while in parallel, also continuing to develop our two COVID-19 vaccine programs. I would also like to acknowledge the contributions of the Department of Health and Human Services, and the Biden administration, to facilitate this new partnership," Sanofi's Chief Executive Officer Paul Hudson said.

Breaking the News / JC