Prognosis
Moderna Cuts U.K., Canada Shipments on Supply-Chain Woes
- Some Moderna vaccine deliveries to fall short of expectations
- Latest snag adds to global supply concerns after J&J pause
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Moderna Inc. said it will deliver less Covid-19 vaccine than planned to the U.K., Canada and other countries this quarter due to a shortfall in doses in its European supply chain.
Moderna, which is working with Swiss partner Lonza Group AG to make the shots in Europe, attributed the reduction in deliveries to a slower-than-expected ramp-up of production capacity. Moderna has its own plant in Massachusetts that is making supply for the U.S.