Vaccine maker Moderna to establish subsidiary in Taiwan

02/16/2022 12:14 PM
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CNA file photo
CNA file photo

Taipei, Feb. 16 (CNA) U.S. biotechnology company Moderna, Inc., one of the two leading makers of mRNA vaccines for COVID-19, has announced plans to establish subsidiaries in four Asian countries and territories, including Taiwan.

The new subsidiaries will be set up in Taiwan, Malaysia, Singapore and Hong Kong to provide a local presence to support the delivery of mRNA vaccines and therapeutics, Moderna said in a press release issued Tuesday (U.S. time).

"This expansion comes as the company continues to scale up the manufacturing and distribution of its COVID-19 vaccine and future mRNA vaccines and therapeutics," the statement said.

"With the addition of four subsidiaries in Asia, we look forward to new opportunities to leverage our 1 mRNA platform to help solve health challenges, including those with a high burden of disease in the Asia-Pacic region," said Stéphane Bancel, chief executive officer of Moderna.

Moderna currently has three subsidiaries in the Asia-Pacific region, in Japan, South Korea, and Australia.

Early last year, Taiwan signed a deal with Moderna to purchase 5 million doses of the company's COVID-19 vaccine. Months later, in July, Taiwan again signed a contract to purchase 35 million doses of the company's next generation vaccine, 20 million of which are scheduled to be delivered in 2022.

(By Christie Chen)

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1. More doses of the Moderna vaccine have been administered in Taiwan than the government has officially received because recipients of the Moderna booster shot are given half the standard dose of the first and second jab. 2. Information about the booster dose and additional dose can be found at https://t.ly/4ZuW
1. More doses of the Moderna vaccine have been administered in Taiwan than the government has officially received because recipients of the Moderna booster shot are given half the standard dose of the first and second jab. 2. Information about the booster dose and additional dose can be found at https://t.ly/4ZuW
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