Moderna will build an mRNA vaccine manufacturing plant in Canada within the next two years, CEO Stephane Bancel said Tuesday.The company has signed a memorandum of understanding with the federal government that will result in Canada becoming the home of Moderna’s first foreign operation.
It’s not clear yet how much money Canada has offered to Moderna for the project.“I believe that this technology can allow Canada to be ready for the next virus,” Bancel said at an announcement in Montreal.“Whether it’s a small outbreak, or a big pandemic, like the one we just saw — God forbid — Canada will be ready.