Sorrento Therapeutics Inc (SRNE)

[dia76ca]

Could Mexico be serious about funding a mRNA facility as a partner with Sorrento? Why would they do that?
Why did Canada today announce a deal is in the works to fund a Moderna mRNA facility in Canada? Why did they do that?

Although both countries are traditional Allies of the US both got shut out of early vaccine supplies by the American "America First" policy.
In Canada's case they secured vaccines from Europe and now have 81% single shots and 70% double vaccinated. This far exceeds the US where only 59% have the first dose and 46% have both doses.
Mexico however has only 45% with a single dose and 25% with both doses.

Both the Canadian and Mexican governments want to INSURE a rapid vaccine response to future pandemics. Could the Mexican government assist Sorrento in building a mRNA facility in Mexico? Will they? We shall soon see. But remember, mRNA is not only a cutting edge Covid technology ...it also is a cutting edge Cancer and immunotherapy technology! This is Sorrento's wheelhouse! Sorrento apparently is well advanced with some exciting second generation mRNA technology.