18 October 2022 | Other

Moderna will make its COVID vaccine available to the poor

On October 17, it was revealed that Moderna, an American biotech company, will provide the world's poorest countries with a new adapted version of the COVID-19 vaccine.

Previously, there was a deal to supply people with the first vaccine created on the basis of the COVID-19 strain, but Moderna, together with GAVI, canceled it and made a new one. Thus, it was decided that starting next year, Moderna would provide hundreds of millions of doses of new adaptations of the vaccine at lower prices.

Together with the WHO and other international organizations, GAVI manages COVAX, which provides global access to vaccines against COVID-19. Thanks to COVAX, more than 140 countries have been able to receive more than one billion doses of various COVID-19 vaccines, including more than 180 million doses produced by Moderna.

Moderna's COVID-19 vaccine is one of a kind, as it contains both the original coronavirus strain and a variant of the mutated Omicron BA.1 strain. Moreover, the vaccine is officially recognized and can be used anywhere in the world.

According to Seth Berkley, CEO of GAVI, such a deal is a key step in solving the problem of making the new vaccine available to less-developed countries. 

Company MarketCheese
Brent sell
Period: 07.11.2025 Expectation: 250 pips
Brent crude is heading downward ahead of OPEC meeting
Yesterday at 09:23 AM 30
Period: 07.11.2025 Expectation: 750 pips
AUDCAD primed to test technical resistance one more time
Yesterday at 09:22 AM 17
Period: 06.11.2025 Expectation: 250 pips
Invest in natural gas to capture $3.500 in growth amid soaring demand
30 October 2025 76
Period: 30.11.2025 Expectation: 6400 pips
Buying GBPUSD amid stronger UK economic data
30 October 2025 46
Period: 31.12.2026 Expectation: 5500 pips
Buying AUDUSD with 0.69000 in view
30 October 2025 43
Period: 06.11.2025 Expectation: 2440 pips
Selling USDJPY as dollar gets less support
30 October 2025 29
Go to forecasts