Moderna to build mRNA production plant in Canada within two years
OTTAWA — Massachusetts-based drug maker Moderna will build an mRNA vaccine manufacturing plant in Canada within the next two years, CEO Stéphane Bancel said Tuesday.
The company has signed a memorandum of understanding with the federal government that will result in Canada hosting Moderna’s first foreign operation. It’s not yet clear 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. We’ll be ready on Canadian soil to make, in a matter of months, a new vaccine for a new emerging virus to protect the Canadian population.”


