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Under the memorandum of understanding, Moderna will set up an mRNA vaccine manufacturing facility in Canada and also give access to its mRNA development engine.
Scientists believe mRNA has the potential to target diseases that cannot be reached by conventional drugs. Such vaccines, which have shown high efficacy in preventing Covid-19 disease, contain no actual virus, instead providing instructions for human cells to make proteins that mimic part of the coronavirus.
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Last week, Moderna said its Covid-19 shot was about 93% effective through six months after the second dose, showing hardly any change from the 94% efficacy reported in its original clinical trial.
The manufacturing facility is expected to be activated on an urgent basis to support Canada with direct access to rapid pandemic response capabilities, Moderna said on Tuesday, adding that it is in talks with other governments about potential collaborations.
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