Name: Moderna Deal to Make mRNA Jabs in China, for China
Uploaded: 2023-07-12T08:54:37.000Z
Description: Western companies seem to be heading out of China in droves, but one pharmaceutical giant is buying in.

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Western companies seem to be heading out of China in droves, but one pharmaceutical giant is buying in.

U.S. drugmaker Moderna just inked a new deal to make mRNA medicines in China.

But there's one key factor: “Any medicines produced under this agreement will be exclusively for the Chinese people... and will not be exported,” according to a Moderna statement sent to CNN.

The move marks the biotech company's first major investment in the country.

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