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Moderna Halts Plans for Kenyan mRNA Vaccine Plant After Taking $1B Financial Hit

Thread starter cafead
Start date Apr 11, 2024

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cafead

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cafead Apr 11, 2024 at 10:22: PM

via Moderna said it paused plans to build an mRNA manufacturing facility in Kenya Thursday in an effort to provide additional time to assess demand for vaccines after suffering $1 billion in losses and write-downs linked to canceled orders.

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