Samsung BioLogics says no decision yet on producing Moderna's COVID-19 shot

Reuters2021-05-14

SEOUL, May 14 (Reuters) - Samsung BioLogics Co Ltd said on Friday that no decision has been made yet on producing Moderna Inc's COVID-19 vaccine in South Korea after a local newspaper reported the two companies had agreed on a contract manufacturing deal.

The Chosun Ilbo reported that the biotech arm of Samsung Group has agreed to produce the Moderna vaccine in its plant in Songdo, part of which will be used for domestic vaccination, citing unnamed government and pharmaceutical industry sources.

Samsung BioLogics said in a filing to the stock exchange that it could confirm the report as no decision has been finalised. The decision will be made within a one-month time frame, a company official told Reuters by phone.

The statement follows a denial by Samsung and Pfizer Inc

earlier this week of another media report that the two companies were working together to produce a COVID-19 vaccine developed by the U.S. firm and its German partner BioNTech.

The Moderna shot has yet to be approved in South Korea, but the second of three expert panels recommended approval for emergency use of the vaccine on Thursday, based on its safety and efficacy in Phase 3 late-stage trials in the United States.

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Comments

  • KasonT
    2021-05-14
    KasonT
    Interesting, if there do so it will change a lot of things
  • Weeckee
    2021-05-14
    Weeckee
    The world is not aligned. This must be a coordinated effort and not individually selfishly act/or not act. So sad that we are call human beings but not behaving as one United Beings.
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