Moderna mandates vaccines for workers, reversing its policy
Moderna Inc. (Nasdaq: MRNA) has shifted gears on its own company vaccine policy, mandating Covid-19 vaccines for all U.S. workers starting Oct. 1.
As recently as this week, the company — famously a developer of one of three Covid-19 vaccines given emergency use authorization by the FDA — had not implemented a vaccine mandate or indicated that it might head in that direction. Spokesperson Ray Jordan told the Business Journal on Monday that Moderna had "thorough safety, masking, testing protocols in place."
The shift, announced Friday, is reflective of a rapidly changing landscape among employer vaccine requirements. Life science company leaders in particular had largely shrugged off the idea of a mandate until recently, citing the high vaccination rates of their own workforces. But in the absence of leadership from the public sector as the Delta variant spurs another rise in Covid-19 cases, executives have changed their tune, viewing vaccine requirements as a question of moral leadership more than pragmatism.
Moderna is the last of the three Covid-19 vaccine makers to announce a mandate. Johnson & Johnson (NYSE: JNJ) in August started requiring all of its U.S.-based employees and contractors to be fully vaccinated by Oct. 4. Pfizer Inc. (NYSE: PKE), which is based in New York but has a sizable presence in Cambridge, announced earlier this month that U.S. workers would need to either get vaccinated or submit to weekly testing.
“The safety and well-being of the Moderna community continues to be a top priority as we work to help end the Covid-19 pandemic with our mRNA vaccine,” Moderna CEO Stéphane Bancel said in a statement shared with the Business Journal. “This new requirement reflects our commitment to the health of our team, their families and society, as we know Covid-19 vaccines can help prevent severe disease, hospitalizations and death.”
Would you support college sports betting in Massachusetts?
Yeah, it's already done elsewhere.
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