Moderna plans to invest ~€500M in Spain
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Moderna (NASDAQ:MRNA) intends to invest ~â¬500M in Spain and open a laboratory to strengthen its vaccine production, Spain's Prime Minister Pedro Sanchez said in a tweet June 14
Sanchez said in a tweet that he met with Moderna's Vice President Dan Staner who discussed the company's expansion plan in Spain.

Moderna currently has a collaboration with Spain's Laboratorios FarmacÃ©uticos Rovi which the companies expanded in February for another 10 years to make MRNA medicines.
Separately, Moderna noted that it intends to establish a quality testing lab for mRNA vaccines in Madrid, Reuters reported June 14.
The Cambridge, Mass.-based COVID vaccine maker added that the ~â¬500M investment this year included its team up with Rovi, according to the report.