October 20, 2021

The World Live Breaking News Coverage & Updates IN ENGLISH

The World Live Breaking News Coverage & Updates IN ENGLISH

Moderna, racing for profits, keeps jabs out of reach of poor: Report

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Moderna, racing for profits, keeps jabs out of reach of poor: Report
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Moderna, racing for profits, keeps jabs out of reach of poor: Report
Moderna, racing for profits, keeps jabs out of reach of poor: Report

NEW YORK: Moderna has been supplying its shots almost exclusively to wealthy nations, keeping poorer countries waiting and earning billions in profit. According to Airfinity, a data firm that tracks vaccine shipments, Moderna has shipped a greater share of its doses to wealthy countries than any other manufacturer.
About one million of Moderna doses have gone to countries the World Bank classifies as low income, as compared to 8.4 million doses of the Pfizer shots set aside for those nations. Moderna executives have said they are doing all they can to make as many doses as possible quickly but that their production capacity remains limited.

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