UK Markets closed
  • NIKKEI 225

    28,242.21
    -276.97 (-0.97%)
     
  • HANG SENG

    28,862.77
    +288.91 (+1.01%)
     
  • CRUDE OIL

    52.09
    -0.27 (-0.52%)
     
  • GOLD FUTURES

    1,836.80
    +6.90 (+0.38%)
     
  • DOW

    30,814.26
    -177.24 (-0.57%)
     
  • BTC-GBP

    26,631.50
    +296.49 (+1.13%)
     
  • CMC Crypto 200

    703.79
    -31.36 (-4.27%)
     
  • Nasdaq

    12,998.50
    -114.10 (-0.87%)
     
  • ^FTAS

    3,798.30
    -5.45 (-0.14%)
     

Covid-19: EU strikes deal with Moderna for up to 160 million vaccine doses

·1-min read

The European Union has reached a deal with US biotech firm Moderna for the supply of up to 160 million doses of its Covid-19 vaccine candidate, the president of the European Commission said on Tuesday.

The deal will be formally approved by the EU executive on Wednesday, said European Commission president Ursula von der Leyen.

"According to the results of clinical trials, this vaccine could be highly effective against Covid-19. Once the vaccine is indeed proven as safe and effective, every member state will receive it at the same time on a pro rata basis," von der Leyen said.

Last week, Moderna said its experimental vaccine was 94.5% effective in preventing Covid-19, based on interim data from a late-stage clinical trial.

In August, the EU's executive Commission, which co-leads talks with vaccine makers on behalf of member states, said preliminary talks with Moderna had been concluded with the aim of signing a contract for the supply of 80 million doses of its vaccine, with the option of buying another 80 million.

(FRANCE 24 with AFP and REUTERS)