Moderna has announced its intention to establish the first center in Africa to produce 500 million doses of Corona vaccines annually.
The CEO of “Moderna” Stefan Bancel revealed, in a press interview, that the completion of construction in the plant and its validation, will take from two to four years.
Bancel pointed out, “There is a disparity globally in terms of the ability to secure Covid-19 vaccines, and Moderna will try to fill the existing shortage,” according to the newspaper, “The Wall Street Journal.”
Moderna has not yet chosen the African country to build its factory. Bancel said the company has a shortlist of about five countries, without specifying them, noting that his company evaluates countries based on their political stability, workforce quality, and access to materials for manufacturing.
Moderna expects to produce up to one billion doses of the COVID-19 vaccine for global use this year, and then production could double to three billion next year.