Moderna refused China request to reveal vaccine technology

[Hamartia Antidote]

Moderna refused China request to reveal vaccine technology, Financial Times reports

Moderna Inc has refused to hand over to China the core intellectual property behind the development of its COVID-19 vaccine, leading to a collapse in negotiations on its sale there, the Financial Times reported on Saturday, citing people familiar with the matter.

www.reuters.com

Oct 1 (Reuters) - Moderna Inc (MRNA.O) has refused to hand over to China the core intellectual property behind the development of its COVID-19 vaccine, leading to a collapse in negotiations on its sale there, the Financial Times reported on Saturday, citing people familiar with the matter.

The Cambridge, Massachusetts-based pharmaceutical company turned down China’s request to hand over the recipe for its mRNA vaccine because of commercial and safety concerns, the newspaper said, citing people involved in negotiations that took place between 2020 and 2021, adding that the vaccine maker is still “eager” to sell the product to China.

The company had “given up” on its previous efforts to access the Chinese market because of China’s demand that it hand over the technology as a prerequisite for selling in the country, the report said.

The company had “given up” on its previous efforts to access the Chinese market because of China’s demand that it hand over the technology as a prerequisite for selling in the country, the report said.

Moderna did not immediately respond to Reuters' request for comment.

China has not approved any foreign COVID-19 vaccines and relies on several domestically developed shots.

In September, Moderna Chief Medical Officer Paul Burton had said the company was keen to collaborate with China on supplying its mRNA-based COVID-19 vaccines to the country.

"We would certainly be very eager to collaborate with China if they felt that there was a need for a vaccine there," Burton had told a media briefing for reporters in Asia. "Currently, there is no activity going on, but we'd be very open to it."

 

[Yongpeng Sun-Tastaufen]

Walvax is more advanced and can be stored in regular fridge.

A Chinese mRNA COVID vaccine is approved for the first time - in Indonesia

Indonesia said it has granted emergency use approval to an mRNA COVID-19 vaccine developed by a Chinese company, becoming the first country, ahead of even China, to do so.

www.reuters.com

 

[Menthol]

Stealing technology?

I think the author of the article doesn't know anything about exporting food and drug.

 

[SaadH]

Moderna might just have shut itself out of Chinese market forever

 

[etylo]

China doesnt need this western moderna or pfizer, china can develop its own mRNA vaccines in time.

 

[letsrock]

China doesnt need this western moderna or pfizer, china can develop its own mRNA vaccines in time.

Why are they taking so long through ?

 

[nahtanbob]

Moderna refused China request to reveal vaccine technology, Financial Times reports

Moderna Inc has refused to hand over to China the core intellectual property behind the development of its COVID-19 vaccine, leading to a collapse in negotiations on its sale there, the Financial Times reported on Saturday, citing people familiar with the matter.

www.reuters.com

Oct 1 (Reuters) - Moderna Inc (MRNA.O) has refused to hand over to China the core intellectual property behind the development of its COVID-19 vaccine, leading to a collapse in negotiations on its sale there, the Financial Times reported on Saturday, citing people familiar with the matter.

The Cambridge, Massachusetts-based pharmaceutical company turned down China’s request to hand over the recipe for its mRNA vaccine because of commercial and safety concerns, the newspaper said, citing people involved in negotiations that took place between 2020 and 2021, adding that the vaccine maker is still “eager” to sell the product to China.

The company had “given up” on its previous efforts to access the Chinese market because of China’s demand that it hand over the technology as a prerequisite for selling in the country, the report said.

The company had “given up” on its previous efforts to access the Chinese market because of China’s demand that it hand over the technology as a prerequisite for selling in the country, the report said.

Moderna did not immediately respond to Reuters' request for comment.

China has not approved any foreign COVID-19 vaccines and relies on several domestically developed shots.

In September, Moderna Chief Medical Officer Paul Burton had said the company was keen to collaborate with China on supplying its mRNA-based COVID-19 vaccines to the country.

"We would certainly be very eager to collaborate with China if they felt that there was a need for a vaccine there," Burton had told a media briefing for reporters in Asia. "Currently, there is no activity going on, but we'd be very open to it."

only fit for copying and stealing

 

[MH.Yang]

Why are they taking so long through ?

China has mRNA vaccines, but Chinese people do not trust mRNA vaccines. Therefore, the number of these vaccines sold in China is not large.

A Chinese mRNA COVID vaccine gets its first approval — in Indonesia

Indonesia's food and drugs agency approved the use of Walvax Biotechnology's mRNA vaccine, which has been in development for more than two years.

www.japantimes.co.jp

During the COVID epidemic, it was the first time that human beings used mRNA vaccine. These vaccines have not confirmed that they will not affect human body in the future. So we trust inactivated vaccine more. We are willing to wait and observe the results of large-scale use of mRNA vaccines in Western countries before making a decision.

 

[Hamartia Antidote]

Moderna might just have shut itself out of Chinese market forever

Better than going out of business when some Chinese company leverages their tech and under prices them in the world market since they would have no need to recoup any of the years of R&D expenses Moderna had to go through.

This is the typical strategy Chinese companies use to destroy foreign companies.

 

[etylo]

only fit for copying and stealing

You indians only fit for BS and good for nothing else, and yes good for cow piss and cow dung feast.

 

[MH.Yang]

Better than going out of business when some Chinese company leverages their tech and under prices them in the world market since they would have no need to recoup any of the years of R&D expenses Moderna had to go through.

This is the typical strategy Chinese companies use to destroy foreign companies.

If we really do what you said, the PAF is already using J11&J16.

 

[Hamartia Antidote]

If we really do what you said, the PAF is already using J11&J16.

Well the Russians are complaining about pretty much everything else

Furious Russia Blasts China Over Unauthorized Copying Of Russian Military Hardware

Russian defence conglomerate Rostec has attacked China over unauthorized stealing of Russian military hardware which has ignited tensions between key-allies Russia and China. China, Pakistan Team-Up For Joint Military Drills To Protect CPEC Project Russia has been China’s biggest arms supplier...

eurasiantimes.com

 

[MH.Yang]

Well the Russians are complaining about pretty much everything else

Furious Russia Blasts China Over Unauthorized Copying Of Russian Military Hardware

Russian defence conglomerate Rostec has attacked China over unauthorized stealing of Russian military hardware which has ignited tensions between key-allies Russia and China. China, Pakistan Team-Up For Joint Military Drills To Protect CPEC Project Russia has been China’s biggest arms supplier...

eurasiantimes.com

At least we didn't sell copies to other countries as you said. All the flanks we make serve in China.

 

[nahtanbob]

At least we didn't sell copies to other countries as you said. All the flanks we make serve in China.

Russians must be delighted at the ethics of thieves

 

[SaadH]

Better than going out of business when some Chinese company leverages their tech and under prices them in the world market since they would have no need to recoup any of the years of R&D expenses Moderna had to go through.

This is the typical strategy Chinese companies use to destroy foreign companies.

Is that Tesla did, will they go out of business soon?