{"id":114782,"date":"2021-05-21T05:23:04","date_gmt":"2021-05-21T05:23:04","guid":{"rendered":"https:\/\/fin2me.com\/?p=114782"},"modified":"2021-05-21T05:23:04","modified_gmt":"2021-05-21T05:23:04","slug":"s-korea-approves-modernas-covid-19-vaccine","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/s-korea-approves-modernas-covid-19-vaccine\/","title":{"rendered":"S.Korea approves Moderna's COVID-19 vaccine"},"content":{"rendered":"
FILE PHOTO: A nurse draws a Moderna coronavirus disease (COVID-19) vaccine, at East Valley Community Health Center in La Puente, California, U.S., March 5, 2021. REUTERS\/Lucy Nicholson\/File Photo<\/figcaption>

SEOUL (Reuters) – South Korea on Friday approved Moderna Inc\u2019s COVID-19 vaccine, as the country attempts to speed up its inoculation efforts, drug safety minister Kim Gang-lip told a news conference.<\/p>\n

The green light comes after two of three expert panels recommended approval be granted for the two-dose vaccine based on safety and efficacy in late-stage trials in the United States.<\/p>\n

Moderna is the fourth COVID-19 vaccine to be approved in South Korea, following doses developed by AstraZeneca Plc, Pfizer Inc and Johnson & Johnson, said Kim.<\/p>\n

Moderna has a deal with South Korea to supply 40 million doses of its vaccine, although the shipment timeline is yet to be announced.<\/p>\n

South Korean drugmaker GC Pharma is in charge of the import and local distribution of the Moderna vaccine, while there were media reports about a plan by Samsung BioLogics Co Ltd to produce the shots locally.<\/p>\n

Seoul has ordered up to 192 million doses of coronavirus vaccines, including those made by AstraZeneca, Pfizer, Novavax and Johnson & Johnson.<\/p>\n

South Korea\u2019s vaccination campaign has been hampered by global shortages and shipment delays. It has provided doses to just over 7% of its 52 million residents so far, as it aims to inoculate at least 13 million by June and reach herd immunity by November.<\/p>\n

The Korea Disease Control and Prevention Agency reported 561 new confirmed cases of the coronavirus on Thursday, bringing the total tally to 134,678 infections, with 1,922 deaths.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FILE PHOTO: A nurse draws a Moderna coronavirus disease (COVID-19) vaccine, at East Valley Community Health Center in La Puente, California, U.S., March 5, 2021. 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