EU nod for 300 million more Moderna vaccine doses

Feb 17, 2021 19:13 IST

The EU commission has approved new contract for 300 million additional doses of Moderna's Covid-19 vaccine. The second contract with Moderna provides for an additional purchase of 150 million in 2021 and an option to purchase an additional 150 million in 2022 on behalf of all 27 EU member states. The deal also provides for the possibility of donating the vaccine to lower and middle-income countries if the EU has enough supplies.