Moderna has so far refused to make a deal for its COVID-19 vaccine with China, due to Beijing wanting the intellectual property behind it.
Moderna has turned down a request from Beijing to handover the core intellectual property behind the development of its breakthrough COVID-19 vaccine.
That caused the collapse in negotiations on its sale there, multiple people told the Financial Times.Moderna is reportedly still interested in selling the product to China. The mRNA vaccine technology used bylasts longer and provides higher levels of protection than the inactivated vaccine technology used by Chinese makers.
Several Chinese pharma companies are racing to develop a homemade mRNA alternative but have struggled with the emergence of more infectious variants.
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