Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Friday 01 May 2020 2:24 pm  |  Updated:  Friday 01 May 2020 2:25 pm

Moderna and Lonza strike deal to produce possible Covid-19 vaccine

By: Finley Harnett

Add as a preferred source on Google
The world's scientists are working on producing various candidates for a Covid-19 vaccine
The world's scientists are working on producing various candidates for a Covid-19 vaccine

Moderna and Swiss contract drugmaker Lonza have today announced a deal aimed at manufacturing 1bn doses a year of a potential Covid-19 vaccine.  

The experimental vaccine, called mRNA-1273, is being tested in an early-stage trial by the US National Institutes for Health. The US drug developer expects to start a mid-stage trial in the second quarter. 

The announcement comes as drug developers across the world race to find a vaccine to prevent the spread of Covid-19, which has now claimed over 234,500 lives. 

Under the 10-year strategic collaboration agreement, the companies will enable a 10-fold increase in the manufacturing of the drug if the trials are successful. 

Technology transfer will begin in June and the first batches of the potential Covid-19 vaccine are set to be manufactured in Lonza US in July.  

In a joint statement, the companies said: “Over time, the parties intend to establish additional production suites across Lonza’s worldwide facilities, ultimately allowing for the manufacture of material equivalent to up to 1bn doses of mRNA-1273 per year for use worldwide.

“The manufacturing facilities at Lonza complement Moderna’s ongoing US manufacturing efforts, which continue to ramp up to prepare for the further clinical development and commercialization of mRNA-1273.”

Read more

Back Braddock to deliver knockout blow in Irish Derby

Cityscape with modern skyscrapers under a clear blue sky, business district architecture captured during daylight hours.

And Lonza CEO Albert Baehny added: “The current pandemic illustrates the need to combine the best science with resilient supply chains that can scale.

“We are fully committed to leveraging our global network and experience in manufacturing technologies to support Moderna’s manufacture of mRNA-1273 as well as collaborating on future Moderna products.”

Shares of Massachusetts-based Moderna soared after a US government agency awarded the company $483m to accelerate its vaccine development. 

Today’s agreement is one of many similar deals as drug companies prepare to mass produce a successful candidate for the world’s population. 

On Thursday, pharmaceutical group AstraZeneca announced its partnership with Oxford University to manufacture and distribute a possible Covid-19 vaccine.  

Astrazeneca, which is based in Cambridge, is aiming to produce 100m doses by the end of the year. It saw its share prices rise to a high of £83.22, giving the firm a market value of £109bn.

Read more

From bathroom to courtroom: Lush chief’s squabble set to fizz in £6m trial

GettyImages 2245687120 showcasing a business professional in a modern office setting, conveying a sense of productivity an...

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Coronavirus

Trending Articles

  • James Watt offers to buy back Brewdog

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • Brewdog owner shrugs off James Watt takeover bid

  • Motsepe backed to succeed Fifa’s Infantino by South African minister

  • UK’s biggest pub firm probed over treatment of tenants

More from City PM

  • Back Braddock to deliver knockout blow in Irish Derby

    Sport
    Cityscape with modern skyscrapers under a clear blue sky, business district architecture captured during daylight hours.
  • From bathroom to courtroom: Lush chief’s squabble set to fizz in £6m trial

    Legal
    GettyImages 2245687120 showcasing a business professional in a modern office setting, conveying a sense of productivity an...
  • Anocca has Dosed First Patients with Precision TCR-T Cell Therapy Targeting Mutant KRAS in Pancreatic Cancer

    Business Wire
  • Nocturne London dazzles as riders take in Square Mile

    Sport Business
    Urban landscape featuring city skyline and gantry cranes, captured on a Saturday, showcasing industrial and architectural ...
  • Are office workers lonelier than they were during Covid WFH?

    Business
    A third of Brits feel lonely at work, with almost a fifth regularly going a full day without speaking to anyone.
  • ‘Landmark moment’ – AI law firm wins its first-ever court battle

    Legal
    AI technology enhancing business audit processes in a modern office setting with charts and data displays
  • Debenhams and Revolution unveil new beauty collaboration

    Retail
    Debenhams Group was rebranded from Boohoo Group earlier this year
  • Lime trialled fast-food lane that let Deliveroo riders bypass speed limits

    Tech
    Lime faces growing scrutiny over its safety record.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook