Moderna to increase COVID vaccine production rather than share formula with others

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Moderna to increase COVID vaccine production rather than share formula with others
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'Within the next six to nine months, the most reliable way to make high-quality vaccines and in an efficient way is going to be if we make them,' Moderna said.

Moderna has announced it has no plans to share its vaccine formula with other companies, the Associated Press reported.United NationsNoubar Afeyan, Moderna's co-founder, told AP that the company analyzed whether to share the formula and determined instead they would independently deliver billions of additional doses in 2022.

The company"went from zero production to having 1 billion doses in less than a year," Afeyan said,"and we think we will be able to go from 1 to 3 billion" in 2022.report in May, the vaccine produced a $1.73 billion revenue in the first quarter, only three full months of its use in the U.S. and international sales.

"We didn't have to do that," Afeyan said."We think that was the responsible thing to do." He added:"We want that to be helping the world."

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