Moderna to Announce $1 Billion in China Investments

[beijingwalker]

Moderna to Announce $1 Billion in China Investments​

By Bloomberg News
July 4, 2023 at 8:41 PM GMT+8

Moderna Inc. is set to announce its first investment in China as early as Wednesday, according to a report by local media outlet Yicai citing unidentified sources.

The Cambridge, Massachusetts-based company may reveal multiple projects in China with a total investment size of around $1 billion, the report showed, without providing further details. The drugmaker is also actively seeking communication with Chinese regulators, according to Yicai.

Chief Executive Officer Stéphane Bancel has arrived in Shanghai and will attend the investment signing ceremony, according to the report. Bancel said during a visit in April that the company will speed up investment in Shanghai and is looking to work with Chinese partners to develop new technologies and products, Yicai reported.

Moderna started a biotechnology company in China this May with registered capital of $100 million, and said it is exploring market opportunities to bring the mRNA platform to China, according to Yicai.

A representative for Moderna didn’t immediately respond to Bloomberg News requests for comment.

Moderna to Announce $1 Billion in China Investments, Yicai Says

Moderna Inc. is set to announce its first investment in China as early as Wednesday, according to a report by local media outlet Yicai citing unidentified sources.

www.bloomberg.com

 

[Skull and Bones]

Why would chinese entertain and rejoice funding from a sub-standard pharmaceutical firm who caused rare heart disease among its taker, given that this was @beijingwalker 's older thread.

CDC weighs in on rare heart inflammation following the Pfizer and Moderna COVID-19 vaccines

CDC weighs in on rare heart inflammation following the Pfizer and Moderna COVID-19 vaccines l GMA A CDC advisory panel said the benefits of a coronavirus vaccine far outweigh the risk of myocarditis in young people, but the FDA still plans to add a warning to the mRNA vaccines.

pdf.defence.pk

 

[Hamartia Antidote]

Why would chinese entertain and rejoice funding from a sub-standard pharmaceutical firm who caused rare heart disease among its taker, given that this was @beijingwalker 's older thread.

CDC weighs in on rare heart inflammation following the Pfizer and Moderna COVID-19 vaccines

CDC weighs in on rare heart inflammation following the Pfizer and Moderna COVID-19 vaccines l GMA A CDC advisory panel said the benefits of a coronavirus vaccine far outweigh the risk of myocarditis in young people, but the FDA still plans to add a warning to the mRNA vaccines.

pdf.defence.pk

Looks like in an about-face they are embracing mRNA

 

[beijingwalker]

Why would chinese entertain and rejoice funding from a sub-standard pharmaceutical firm who caused rare heart disease among its taker, given that this was @beijingwalker 's older thread.

CDC weighs in on rare heart inflammation following the Pfizer and Moderna COVID-19 vaccines

CDC weighs in on rare heart inflammation following the Pfizer and Moderna COVID-19 vaccines l GMA A CDC advisory panel said the benefits of a coronavirus vaccine far outweigh the risk of myocarditis in young people, but the FDA still plans to add a warning to the mRNA vaccines.

pdf.defence.pk

They are funding themselves, you think this one billion dollars were provided by China?