Moderna turns to Asia, plots new hires as it ponders $35B+ Covid-19 vaccine windfall
In a continued push to plant its flags around the world, Moderna unveiled plans to set up branches in Hong Kong, Singapore, Taiwan and Malaysia as key regional offices serving the Asian market.
The mRNA player — whose wildly successful Covid-19 vaccine transformed it from a household name in biotech to a household name, period — currently has limited presence internationally. Its subsidiaries in South Korea, Japan and Australia employ only 24 staffers combined. Just days ago, word got out that Moderna is putting the finishing touches to a deal to build out new R&D and manufacturing facilities in the UK.
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