Africa

Moderna Reaches Agreement with Kenya to Establish its First mRNA Manufacturing Facility in Africa

Moderna (NASDAQ: MRNA) announced Monday that it has established a memorandum of understanding with Kenya to build a covid vaccine manufacturing facility in Africa. The company is building the mRNA plant in Africa with the intention of producing a maximum of 500 million doses of vaccines per year. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”MRNA” api=”yf”] [stock_market_widget …

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Novavax Seeks Emergency Use Authorization for Covid Vaccine in South Africa

Novavax Inc. (NASDAQ: NVAX), along with Serum Institute of India (SII), announced a regulatory submission to the South African Health Products Regulatory Agency (SAHPRA) for emergency use authorization (EUA) of its Covid-19 vaccine. If approved, the vaccine is set to be manufactured and commercialized by SII South Africa under the name Covavax. [stock_market_widget type=”inline-label” template=”basic9″ …

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Airline and Travel Stocks Tumble Amid New Covid Variant Concerns

Boeing, along with other airline and travel stocks plummeted Friday following new travel restrictions within various European and Asian countries from southern Africa amid a new Covid variant. There are rising concerns that the travel industry‚Äôs recovery could be stunted amid the novelty. It is unclear whether the new variant is immune to current vaccines. …

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