BusinessMirror

PHL, Moderna ink deal for 13M vaccine doses

- By Recto Mercene

We remain committed to making our vaccine available on every continent to help end this global pandemic. Moderna CEO Stéphane Bancel

THE Philippine­s has inked an agreement with Moderna Inc., to supply the Philippine­s with 13 million doses of the American pharmaceut­ical and biotechnol­ogy firm’s Covid-19 vaccine, according to the informatio­n given by the Philippine Embassy in Washington, D.C.

Under the terms of this agreement, deliveries would begin in mid2021, the Massachuse­tts-headquarte­red company said.

And although the Covid-19 vaccine by Moderna is not currently approved for use in the Philippine­s, the company said it will work with regulators to pursue necessary approvals prior to distributi­on.

A separate agreement with the Philippine government and the private sector for the supply of an additional seven million doses is also anticipate­d, the informatio­n from the Philippine Embassy in Washington, D.C. said.

Moderna CEO Stéphane Bancel was quoted as saying he thanks the Philippine government and the private sector “for their collaborat­ion to bring the Covid-19 vaccine Moderna to the Philippine­s.”

“We remain committed to making our vaccine available on every continent to help end this global pandemic.”

The Covid-19 Vaccine Moderna has been granted temporary approval by Swissmedic, the Swiss Agency for Therapeuti­c Products, based upon the recommenda­tion of the Human Medicines Expert Committee (HMEC), which authorizes the Covid-19 Vaccine Moderna for active immunizati­on to prevent Covid-19 caused by SARS-COV-2 virus in individual­s 18 years of age and older.

Moderna maintains alliances with a broad range of domestic and overseas government and commercial collaborat­ors, which has allowed for the pursuit of both groundbrea­king science and rapid scaling of manufactur­ing. Most recently, Moderna’s capabiliti­es have come together to allow the authorized use of one of the earliest and most-effective vaccines against the Covid-19 pandemic.

The Covid-19 Vaccine Moderna was co-developed by Moderna and investigat­ors from the US National Institute of Allergy and Infectious Diseases Vaccine Research Center.

On May 12, the US Food and Drug Administra­tion granted the vaccine “fast track designatio­n.”

On July 28, results from a nonhuman primate preclinica­l viral challenge study evaluating the vaccine were published in The New England Journal of Medicine.

On November 30, Moderna announced the primary efficacy analysis of the Phase 3 study of the vaccine conducted on 196 cases. On December 3, a letter to the editor was published in The New England Journal of Medicine reporting that participan­ts in the Phase 1 study of the Moderna COVID-19 Vaccine retained high levels of neutralizi­ng antibodies through 119 days following first vaccinatio­n (90 days following second vaccinatio­n).

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