Stéphane Bancel, Moderna CEO (Photo by FABRICE COFFRINI/AFP via Getty Images)

Span­ish PM: Mod­er­na to in­vest $523M in­to the coun­try to boost vac­cine pro­duc­tion

While some coun­tries are in the midst of on­go­ing ne­go­ti­a­tions with Covid-19 vac­cine sup­pli­ers now that the sup­ply of pan­dem­ic shots is start­ing to out­weigh de­mand, Mod­er­na is dou­bling down on pro­duc­tion in a Eu­ro­pean na­tion  — throw­ing more than half a bil­lion dol­lars to start things off.

Mod­er­na is in­vest­ing 500 mil­lion eu­ros in­to Spain with the biotech con­firm­ing af­ter Spain’s prime min­is­ter Pe­dro Sánchez tweet­ed out Tues­day.

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