×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

US vaccine giant Moderna 'suspends' plans to build Sh65b plant in Kenya

Vocalize Pre-Player Loader

Audio By Vocalize

Moderna Inc inked a deal in 2022 with the Kenyan government to invest billions of shillings in a facility that would produce up to 500 million vaccine shots a year. [iStsockphoto]

US biotechnology giant Moderna says it has suspended plans to build a vaccine Sh65 billlion plant in Kenya.

The American firm inked a deal in 2022 with the Kenyan government to invest billions of shillings in a facility that would produce up to 500 million vaccine shots a year.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
New digital tax risks pushing traders off e-commerce platforms, report warns
Business
Ruto strips agriculture body of coffee role in sector shake-up
By Amos Kiarie 13 hrs ago
Business
Kenya's meat exports disrupted by Middle East war
Business
State now banks on special economic zones, EAC to boost trade