EU says it has new deal with Moderna for 150 mln vaccines, steps up fight against COVID variants

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The European Commission said on Wednesday it had reached a deal with Moderna for the supply of 150 million additional doses of its COVID-19 vaccine this year, nearly doubling the number of shots secured from the U.S. biotech firm for 2021.

Under the deal, which confirms what Reuters exclusively reported on Monday, the EU has also the option to buy another 150 million doses next year.

The EU has already booked for this year 160 million doses of the Moderna shot. Deliveries have begun in January with a target to supply 10 million doses by the end of March, although there have been some delays.

The European Commission also pledged more funds to step up the EU’s capabilities to identify and tackle variants of the new coronavirus.

More contagious mutations are spreading fast across the world, and experts believe a British variant is likely to become prevalent on the European continent.

However, most European Union states have so far done little or nothing to spot new variants, as they lack the capabilities to sequence the genome of the virus on a large scale.

The EU will invest at least 75 million euros ($90 million) to develop specialised tests to identify variants, and it will provide another 150 million euros to boost research in variants, the EU executive said in a statement.

Brussels also pledged to accelerate regulatory approvals of upgraded vaccines that work against variants and to help ramp up vaccine production.

It is also adding anti-variant clauses in its new supply deals to make sure companies develop shots that work against new variants, EU sources said.

Main Photo: EPA-EFE/MICHAEL SOHN / POOL

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