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Moderna chief executive Stephane Bancel on Thursday shrugged off the Biden administration’s support for suspending patents for coronavirus vaccines, saying drug firms in other countries would struggle to mass-produce a rival to the blockbuster vaccine that has made his company a household name.

Speaking during a first-quarter earnings call, the head of the Cambridge biotech said he “didn’t lose a minute of sleep” after the administration said it would endorse the temporary waiver of patents to bolster vaccine production in developing nations as a way to hasten an end to the pandemic.

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Although biopharma executives and lobbyists for the industry said the waiver would undermine US innovation in the pharmaceutical sector, Bancel said the move “doesn’t change anything for Moderna.”

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