Moderna Inc., in a recent announcement, has stated that it will be supplying around 34 million doses of its COVID-19 vaccine through an international program that distributes free shots to developing countries. The company has stated that the doses will be delivered in the fourth quarter of 2021 to the World Health Organization-backed by Covax initiative.
Coax is a program financed mostly by Western governments which provides free coronavirus vaccines to 92 low- and middle-income countries worldwide. Covax has stated that it can purchase another 466 million doses in 2022 by Moderna and Gavi, the organizations behind the vaccine aid program.
Many western countries such as the US, Britain, and Israel are coming closer to vaccinating large majorities of their populations; developing nations are still fighting g to get their rollouts off the ground. According to recent reports, emerging economies will have only vaccinated 30 percent of their populations by the end of the year. Covax has further added that it will be shipping approximately 145 million doses of vaccines by the end of May to countries like Brazil, Philippines, and others.