Moderna to build new vaccine facility in Britain
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[June 22, 2022]
By Alistair Smout
LONDON (Reuters) -U.S. biotech firm Moderna
will build a new research and manufacturing centre in Britain to develop
vaccines against new COVID-19 variants, other respiratory illnesses and
help improve readiness for any future pandemics.
The facility is expected to start producing shots in 2025 and Britain
has made a commitment to buy Moderna's vaccines for the next decade
under the agreement.
Moderna's COVID-19 vaccines, which use messenger RNA (mRNA) technology,
were among those deployed in Britain to tackle the crisis and enable
Prime Minister Boris Johnson to reopen the economy from stringent
lockdowns.
Moderna Chief Executive Stephane Bancel said the priority was to develop
a shot combining refreshed boosters against COVID, flu and Respiratory
Syncytial Virus (RSV).
"By building a plant in the UK, we are also providing the UK Government
- which has a long term partnership with us, with this agreement - with
the ability to be pandemic ready," Bancel told Reuters in an interview
on Wednesday.
"That capacity that we're building in the UK, that they are committed to
buying the product for the next ten years, this can be reallocated very
quickly to anything they want."
Britain's health ministry said that the pandemic had shown mRNA
technology to be one of the fastest routes to develop new vaccines, and
could be applied to other areas, such as cancer, flu, dementia and heart
disease.
"Our investment will guarantee jabs in arms against some of the toughest
viruses out there, bringing us to the forefront of the fight against
future threats," PM Johnson said in a statement.
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Moderna's logo is reflected in a drop on a syringe needle in this
illustration taken November 9, 2020. REUTERS/Dado Ruvic
Britain in December said it had
ordered 60 million more Moderna COVID-19 vaccine doses to be
delivered in 2022 at 2023. Bancel said he aimed for a
variant-specific booster to be ready by August, ahead of Britain's
planned autumn booster campaign.
The success of its vaccine has led the company to look to expand
globally through new manufacturing facilities. Moderna has announced
manufacturing facilities in Kenya, Canada and Australia.
Further details, such as the location of the final plant in Britain,
were being finalised, and financial terms were not disclosed.
"We have a shortlist of a couple of sites," Bancel said, adding that
he hoped construction would start this year.
"We should be shortly able to announce the location."
(Reporting by Alistair SmoutEditing by Tomasz Janowski and Elaine
Hardcastle)
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