Moderna has announced the cancellation of its plans to build a messenger RNA (mRNA) manufacturing plant in Japan. The decision was attributed to weak demand and changes in the global and Japanese business environment. The company cited these factors as the primary reasons for not proceeding with the construction of the facility. This development reflects Moderna's reassessment of its manufacturing strategy amid evolving market conditions.
Moderna cancels plans to build Japan plant on poor business environment https://t.co/XltPV8ZFrj https://t.co/XltPV8ZFrj
Moderna said on Friday it will not proceed with plans to build a messenger RNA manufacturing plant in Japan due to "changes in the business environment" around the world and in Japan. https://t.co/5IVXJqd2n3
$MRNA #Moderna Cancels Japan mRNA Plant Plans Amid Weak Demand - Nikkei