Moderna will not enforce Covid-19 vaccine patents during pandemic


By: Reuters Written by Reuters |

October 8, 2020 6:56:06 pm





Moderna vaccine, Vaccine developer Moderna, Coronavirus vaccine, Moderna vaccine share, Indian expressModerna has received over $1 billion in government funding to develop and produce its candidate, and another $1.5 billion to supply it to the American public.

Moderna Inc said on Thursday it would not enforce patents related to its experimental COVID-19 vaccine while the pandemic continues, a move that would allow other drugmakers to develop shots using the company’s technology.

Moderna is not asserting its intellectual property rights for its vaccine technology and is willing to license the technology behind its experimental coronavirus vaccine after the pandemic, the company said in a statement.

The company is one of the furthest along in the US race for a vaccine seen as essential to ending a pandemic that has claimed more than a million lives worldwide.

Moderna has received over $1 billion in government funding to develop and produce its candidate, and another $1.5 billion to supply it to the American public.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest World News, download Indian Express App.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *