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20-May-2021

Moderna to Establish an International Business Services Hub in Warsaw, Poland

  • Entity complements six commercial entities in Europe
  • Services Center plans to employ approximately 160 employees when fully operational

Moderna, Inc. (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced plans to establish an international business services hub in Warsaw, Poland, as the Company continues to build out a global infrastructure. The Moderna International Business Services (MIBS) Center complements the six commercial legal entities that have already been established across Europe.

The MIBS Center will serve Moderna’s growing international business by providing critical functions, including finance, pharmacovigilance, human resources and digital services. The Center is expected to employ approximately 160 staff when fully operational. Moderna plans to start Center operations in the third quarter of this year.

“We’re delighted to be expanding our footprint in Europe,” said Stéphane Bancel, Chief Executive Officer of Moderna. “Warsaw is a compelling location for this global business services hub given its access to talent, costs of operations, business climate and infrastructure quality.”

The MIBS Center will provide new capabilities and capacity to help meet the growing demand of Moderna’s global business operations. Additionally, it will play a key role in providing business insights while improving, simplifying, and standardizing processes.

About Moderna

In 10 years since its inception, Moderna has transformed from a science research-stage company advancing programs in the field of messenger RNA (mRNA), to an enterprise with a diverse clinical portfolio of vaccines and therapeutics across six modalities, a broad intellectual property portfolio in areas including mRNA and lipid nanoparticle formulation, and an integrated manufacturing plant that allows for both clinical and commercial production at scale and at unprecedented speed. Moderna maintains alliances with a broad range of domestic and overseas government and commercial collaborators, which has allowed for the pursuit of both groundbreaking science and rapid scaling of manufacturing. Most recently, Moderna’s capabilities have come together to allow the authorized use of one of the earliest and most-effective vaccines against the COVID-19 pandemic.

Moderna’s mRNA platform builds on continuous advances in basic and applied mRNA science, delivery technology and manufacturing, and has allowed the development of therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases and auto-immune diseases. Today, 24 development programs are underway across these therapeutic areas, with 14 programs having entered the clinic. Moderna has been named a top biopharmaceutical employer by Science for the past six years. To learn more, visit www.modernatx.com.

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Last Updated: 20-May-2021