Moderna Expands Research & Development to China

Wake Up With Cheddar

Has entered a deal to develop Mr A drugs in China. The pharmaceutical company signed an agreement to expand its presence and research in the Chinese market. Now this move is set to accelerate the development of Mr A medicines beyond COVID vaccines. The deal is estimated to be around $1 billion. Moderna's investment in China marks its first major venture in the country. Other major US pharmaceutical companies such as pfizer and Johnson and Johnson have investments and operations in China.