A mus­cled up Mod­er­na fi­nal­ly joins the CO­V­AX crew, pledg­ing 500M dos­es for low-in­come coun­tries

Days af­ter tur­bocharg­ing its Covid-19 vac­cine man­u­fac­tur­ing ca­pac­i­ty to the tune of 3 bil­lion dos­es per year, Mod­er­na an­nounced Mon­day it has struck a deal with Gavi, the vac­cine al­liance, to sup­ply up to 500 mil­lion dos­es of its shot to the low­est in­come coun­tries by the end of next year.

The dis­cus­sions date back at least to last Oc­to­ber, when Mod­er­na told in­vestors about on­go­ing dis­cus­sions with CO­V­AX “on a tiered pric­ing pro­pos­al for pur­chas­ing mR­NA-1273.”

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