Moderna says it is not abandoning its deal with Lonza.
Copyright 2020 The Associated Press. All Rights Reserved.
Despite production of mRNA for the Covid-19 vaccine ending at the Lonza site in Visp, Moderna is maintaining its strategic partnership with the Valais company, assures the boss of the American group. This ten-year partnership was signed in 2020.
“We will discuss possible collaborations as our messenger RNA portfolio materialises,” declared Moderna’s CEO, Stéphane Bancel, in an interview with Le Temps.
He explains that Moderna is “right-sizing its industrial footprint and supply base to accelerate its gross margin expansion toward its long-term goal of 75-80%.” Demand for the vaccine has fallen by 66%, he notes.
The company based in Cambridge, near Boston, in the United States state of Massachusetts plans to absorb demand for mRNA at its Norwood site over the next two years.
In 2025, Moderna plans to expand its capabilities at its new mRNA manufacturing facilities in the United Kingdom, Canada and Australia. Only the manufacturing partnership with Rovi in Spain will be maintained. “At the beginning of this year, we opened a new centre of excellence in Madrid,” notes Stéphane Bancel.
This centre allows analytical tests to be carried out to certify batches of mRNA vaccines for markets outside the United States, he adds. “It makes Spain the largest production centre covering all stages of the Moderna vaccine production chain outside the United States.”
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them here.
If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to english@swissinfo.ch.
External Content
Your subscription could not be saved. Please try again.
Almost finished… We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.
Popular Stories
More
Foreign Affairs
How a top Swiss university is screening Chinese students
L’Oréal acquires South Korean subsidiary of Migros’ cosmetics brand
This content was published on
French cosmetics firm L'Oréal is acquiring Gowoonsesang Cosmetics, the South Korean subsidiary of the Migros-owned Mibelle group, for an undisclosed sum.
Sharp hike in number of protected historic monuments in Switzerland
This content was published on
In 2022, there were close to 91,000 protected historic monuments in Switzerland, 21% more than in 2016, said the Federal Statistical Office.
Switzerland adopts further EU sanctions against Russia
This content was published on
Switzerland has added several dozen names to its list of sanctioned persons or entities from Russia after adopting the amendments made by the European Union.
Snowfall causes travel restrictions in much of Switzerland
This content was published on
Heavy snowfall in several regions of Switzerland caused restrictions in road and rail traffic on Monday morning, though conditions eased by the afternoon.
Swiss major-general named acting head of UN observer force in Golan Heights
This content was published on
Major-General Patrick Gauchat has been appointed acting head of the United Nations Disengagement Observer Force (UNDOF) in the Golan Heights.
Accidents up sharply among older skiers in Switzerland
This content was published on
People over the age of 40 account for more than half of all ski injuries in Switzerland, a new study by insurance firm Suva shows.
Switzerland proposes strengthening rights of people with disabilities
This content was published on
The Swiss government is proposing a package of new legislative measures to promote inclusion of people with disabilities in all areas of life.
This content was published on
The Swiss artist Kurt Laurenz Metzler, known for his colorful sculptures made of fiberglass and polyester, has died in Zurich at the age of 83.
Historic Swiss bathhouse on Lake Constance destroyed in a fire
This content was published on
In the northern Swiss town of Rorschach, the 100-year-old Badhütte (bathing hut) on the shores of Lake Constance burned down early Monday morning.
Trump picks Callista Gingrich as ambassador to Switzerland
This content was published on
Incoming United States president Donald Trump has named Callista Gingrich as the next ambassador to Switzerland. Gingrich was posted to the Vatican under Trump's previous term.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Lonza to stop producing Moderna Covid-19 vaccine
This content was published on
Swiss pharmaceutical supplier Lonza will stop production of the Covid-19 vaccine for Moderna at its Visp site in the third quarter.
Biotech firm Lonza to invest CHF500 million in new Swiss plant
This content was published on
The company has announced plans to build a large-scale, commercial drug product fill and finish facility in northern Switzerland.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.