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October 27, 2020

Moderna signs Covid-19 vaccine supply deal with Qatar 

Moderna has signed a supply agreement with the Ministry of Public Health of Qatar for its Covid-19 vaccine candidate, mRNA-1273.

Moderna has signed a supply agreement with the Ministry of Public Health of Qatar for its Covid-19 vaccine candidate, mRNA-1273.

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With the latest move, the people of Qatar will get early access to a safe and effective mRNA-based Covid-19 vaccine.

The vaccine candidate is currently in Phase III randomised, 1:1 placebo-controlled trial, studied in 30,000 participants in the US.

The subjects are trialling a 100µg dose of mRNA-1273 vaccine.

Last week, Moderna completed enrolment of the Phase III COVE study.

Moderna CEO Stéphane Bancel said: “We appreciate the confidence of the Ministry of Health of Qatar in our mRNA vaccine platform and the collaboration we have had to date.

“We are advancing the clinical development of mRNA-1273 with our Phase 3 COVE study, which is now fully enrolled with representative demography of participants across ages, ethnicities and high-risk populations.”

Along with its strategic partners Lonza and Rovi, Moderna is stepping up its manufacturing capability to tackle the pandemic situation by delivering safe and effective vaccines across the world.

The company plans to deliver about 500 million vaccine doses per year and possibly up to one billion doses annually, from next year.

For the past nine years, Moderna has been focusing on creating and developing a new platform for designing and manufacturing a new class of mRNA-based vaccines. It helped the company develop mRNA-1273 that can potentially treat patients with Covid-19.

The Phase I interim analysis data showed mRNA-1273 was generally well-tolerated in all age groups and induced rapid and strong immune responses against SARS-CoV-2 virus.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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