Covid-19 vaccine maker Moderna to set up subsidiary in Singapore as it boosts regional presence

Vaccine maker Moderna on Wednesday (Feb 16) announced plans to establish a new subsidiary in Singapore, along with three additional ones in Malaysia, Taiwan and Hong Kong.

In a media release, the United States biotechnology company said it is recruiting a team in Singapore to build a strong presence in the market as the company’s messenger ribonucleic acid (mRNA) therapeutics business grows.