Moderna ‘Throwing 30 Million Doses in the Garbage,’ CEO Says

Contact Your Elected Officials
The Epoch Times Header

The CEO of pharmaceutical and biotechnology company Moderna, Stéphane Bancel, said the company is having to “throw away” millions of doses of COVID-19 vaccines because “nobody wants them.”

Bancel made the comments during an appearance at the World Economic Forum on Monday, while noting his concerns over the lack of people getting vaccinated and waning immunity among those who have had the shots but declined to get boosters.

“It’s sad to say, I’m in the process of throwing 30 million doses in the garbage because nobody wants them. We have a big demand problem,” Bancel said.

The Moderna chief explained that his company has contacted a number of governments across the globe to see if anyone wants to take the vaccines but it has proven unsuccessful.

“We right now have governments—we tried to contact … through the embassies in Washington. Every country and nobody wants to take them,” he said. “And so the challenge we have right now is very different to the one we had two years ago.”

“The issue in many countries is that people don’t want vaccines,” Bancel added, while referencing populations in countries like China and the United States.

Bancel’s comments come as Moderna is set to release its “superior” Omicron- and subvariant-specific COVID-19 vaccine booster by the fall.

Moderna Chief Medical Officer Paul Burton told CBS earlier this month, “We are confident that by the fall of this year, we should have large amounts of that new booster vaccine that will protect against Omicron and other variants, and really protect Americans and people around the world as we go into the fall of 2022.”

However, deaths from COVID-19 have declined in recent months while hospitalizations remain relatively low. Meanwhile, COVID-19 vaccines have remained a polarizing topic amid reports of adverse effects.

In recent months, a string of European countries have found themselves stuck with vaccines that they simply cannot use because of a lack of demand, while tighter finances in the aftermath of the war in Ukraine mean some nations simply cannot afford to purchase more. Those nations are now looking to amend their contracts with producers including Pfizer, Bloomberg reported.

During a virtual meeting with health officials from EU members nations including Poland, Slovakia, Romania, Bulgaria, Luxembourg, Finland, and others, organized by Polish Health Minister Adam Niedzielski on May 18, officials agreed to write a joint letter to the European Commission regarding the need to renegotiate the vaccine contracts.

“We hope that the discussion with the commission and among member states will allow flexibility in the vaccine agreements,” the joint letter states, adding, “We are also counting on vaccine producers to show understanding to the exceptional challenges that Poland is facing supporting Ukraine and giving shelter to millions of Ukrainian citizens fleeing the war.”

By Katabella Roberts

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

The Sacred Honor of the 56

Today we're celebrating the sacred honor of the 56 men who signed the Declaration of Independence.

Alligator Alcatraz: A Bold Step Toward Secure Borders

Alligator Alcatraz funded through FEMA, represents a decisive move by the Trump admin to address illegal immigration with efficiency and resolve.

Is America Broke?

Silicon Valley investor and economic commentator Balaji Srinivasan made...

Hungary: Pride™ Cometh Before the Color Revolution

The EU engaged in a diplomatic siege of the Eastern European nation-state of Hungary pressuring it into embrace global trannyism or face wrath of Brussels.

Understanding the Trump/Musk Feud

The passion Trump and Musk exhibit over the OBBB is not contrived or for show. Each is addressing the problem from completely different approaches.

Noem Waives Environmental Restrictions to Fast-Track Water Barriers in Rio Grande

DHS Sec Kristi Noem waived federal environmental laws to fast-track construction of 17 miles of waterborne barriers in the Rio Grande in South Texas.

Federal Officials Warn of ‘Lone Wolf’ Terror Threats on July 4, NY Governor Says

NY Gov. Kathy Hochul confirmed that federal officials informed her about a possible terrorist threat ahead of the July 4 Independence Day holiday.

Record 1 in 5 Buyers of New Cars Committing to $1,000-Plus Monthly Payments: Edmunds

The share of new car buyers committing to make monthly payments of $1,000 or more hit an “all-time high” in the second quarter of 2025.

US Economy Adds 147,000 New Jobs, Unemployment Rate Dips to 4.1 Percent in June

The U.S. job market remained strong in June, as labor conditions continued to hold up amid economic uncertainty.

US Keeps Pressure on Chinese Goods Amid Vietnam Trade Deal

Transshipping—rerouting goods through a third country to disguise the origin of the products—is a focal point of trade negotiations with Asian markets.

White House Report Reveals Top Earners, Staffers Working for No Salary

The Trump admin released its yearly report that shows the salaries for White House staffers, also revealing officials who aren’t accepting salaries at all.

Transportation Secretary Urges Governors to Remove Political Messages From Crosswalks, Intersections

Duffy sent letters to governors, mayor of D.C., and gov of Puerto Rico urging them to remove political messaging from intersections and crosswalks.

Bessent: US, India Near Agreement to Lower Tariffs

The United States and India are “very close” to a trade agreement, Treasury Secretary Scott Bessent said on Tuesday.
spot_img

Related Articles