Finalizes Agreement with Moderna and Korean Government
GC Pharma announced on March 4 that it will support Moderna and the South Korean government in the distribution of 40 million doses of COVID-19 Vaccine Moderna, Moderna’s vaccine candidate against COVID-19, to support South Korea’s aim of providing vaccines to the public in a timely manner, subject to necessary local regulatory approvals.
This arrangement is part of GC Pharma’s agreements with Moderna and the Korean government. The Korea Diseases Control and Prevention Agency previously announced that it will import 40 million doses of COVID-19 Vaccine Moderna in Korea from the second quarter of 2021. Under the terms of its agreement with Moderna, GC Pharma is responsible for local regulatory activities, and under the terms of its agreement with the Korean government, GC Pharma, with support of the Korean government authorities, is responsible for distribution activities in South Korea.
“We are proud to be partnering with the government and Moderna to support the distribution of crucial vaccines to the South Korean public,” said EC Huh, president of GC Pharma. “Safeguarding global citizens remains our top priority. At GC pharma, with using our industry know-how, we are also exploring multiple ways to specifically help those impacted by COVID-19 and ensure preparedness for future public health emergencies.”
GC Pharma (formerly known as Green Cross Corp.) is a biopharmaceutical company that delivers protein therapeutics and vaccines. Headquartered in Yongin, South Korea, GC Pharma is one of the leading plasma protein and vaccine product manufacturers in the world and has been dedicated to quality healthcare solutions for more than half a century.