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Moderna says foreign manufacturing partners facing delays
Vaccine

Moderna says foreign manufacturing partners facing delays

28.07.2021 From our online archive
The problem slowed release of Moderna’s vaccine to markets outside the US
A health worker prepares to administer the Moderna Covid-19 coronavirus vaccine in Hanoi, Vietnam
A health worker prepares to administer the Moderna Covid-19 coronavirus vaccine in Hanoi, Vietnam
Photo credit: AFP

Moderna said its Covid-19 vaccine manufacturing partners outside the US are “facing delays” due to laboratory testing issues that occurred in recent days.

While the problem has been resolved, it has slowed release of Moderna’s vaccine to markets outside the US, a company spokeswoman said in an email.

The problem will cause short-term adjustments to vaccine delivery outside the US, she said in the email.

Moderna is currently shipping vaccine as it makes it, which means it has no extra stock in storage to smooth over these types of temporary supply interruptions, spokeswoman Colleen Hussey said in an email.

Shares of Moderna fell as much as 4.5% in New York trading on Tuesday.

Earlier, South Korean Prime Minister Kim Boo-kyum said at a meeting that Moderna had notified the country that an adjustment in the vaccine supply schedule is “inevitable” due to a “production setback issue.”

“We will remain in close contact with governments, recognizing the importance of delivery planning for vaccination roll-out,” Moderna said in the statement. “Moderna and its manufacturing partners are working together to minimize this shortfall across all impacted nations.”

Kim said a few hours after Moderna issued its statement that South Korea had held an online meeting with the company and been informed that a vaccine shipment initially scheduled for this week would resume next week.

Moderna didn’t specify where the problems occurred. Its partners outside the US include Lonza Group, which makes the vaccine substance, and Laboratorios Farmaceuticos Rovi in Spain, which fills vaccine vials.

©2021 Bloomberg L.P.


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