Moderna produces one of three COVID shots available in the U.S.1 In November 2021, Moderna released data on third-quarter sales showing phenomenal profits from the vaccine of $ 5 billion worldwide and forecasted $ 18 billion for the year just from the mRNA vaccine.2 To take advantage of this revenue stream, the company announced they… Read More »
Hanau – VAC and GM announced plans for VAC to build a plant in the U.S. that will manufacture permanent magnets for the electric motors used in GM’s electric vehicles using Ultium-Platform. The new plant would plan to use locally sourced raw materials. “We are building a resilient and sustainable EV manufacturing value chain in… Read More »
The medical group for Walmart Health has filed paperwork to do business in more than a dozen more states – and a spokesperson told Insider that the moves are not related to physical clinics. Instead, the preparation regards the retail giant’s pending acquisition of telehealth vendor MeMD earlier this year. “We’ve expressed our… Read More »
With plans to boost COVID-19 vaccine production into the billions of doses next year, Moderna is making major renovations at its Massachusetts manufacturing site that will more than double its size. The mRNA developer on Tuesday said it plans to renovate its manufacturing site in Norwood, Massachusetts, from “a production and lab space to an industrial technology… Read More »