EU reaches deal with Moderna for supply of COVID-19 vaccine

EU REACHES DEAL WITH MODERNA FOR SUPPLY OF COVID-19 VACCINE

The European Commission has reached a deal with U.S. biotech firm Moderna for the supply of its COVID-19 vaccine candidate, an EU official told Reuters on Tuesday.

Last week Moderna said its experimental vaccine was 94.5% effective in preventing COVID-19, based on interim data from a late-stage clinical trial.

In August the Commission, which co-leads talks with vaccine makers on behalf of EU states, said preliminary talks with Moderna had been concluded with the aim of signing a contract for the supply of 80 million doses of its vaccine, with the option of buying another 80 million.





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