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The USA government has allocated 0.59 billion dollars to Moderna (MRNA.US) for the development of the Bird Flu vaccine.
The USA government allocated 0.59 billion dollars to Moderna (MRNA.US) to advance the development of its Bird Flu vaccine.
Stocks to Watch: Walgreens Boots Alliance, Moderna
Moderna (MRNA.US) received additional USA vaccine funding during the Bird Flu outbreak.
USA health officials have allocated an additional $0.59 billion to Moderna (MRNA.US) to control the Bird Flu virus and accelerate vaccine development. According to a statement issued on Friday, this funding will support the late-stage development and licensing of an mRNA-based vaccine prior to the pandemic, as well as expand human research targeting up to five other subtypes of the pandemic. After the market closed in the USA, Moderna's stock price rose by 4%.
U.S. Gives Moderna $590 Million to Accelerate Bird Flu Vaccine -- Barrons.com
Moderna Gets $590M of Federal Funding For Influenza Vaccines