Moderna is making significant progress in the global fight against pandemics, with the authorization to upscale the development of mRNA vaccines in the
UK, approval for a commercial mRNA vaccine plant, and a $590 million contract from the
HHS to develop vaccines against pandemic flu threats. However, their stock has seen turbulence due to various factors including legal challenges and occasional
unfavorable FDA news.
Moderna's RSV vaccine trials came to a halt over safety signals. Their norovirus vaccine trial also faced FDA hold over a reported case of Guillain-BarrΓ© syndrome. However, Moderna was successful in early trials with its specific cancer and mRNA-based bird flu vaccines and well-financed due to the
new HHS contracts. Their move into manufacturing efficiencies reflects a progressive future, with three plants set to come online in 2025. Trials for their vaccines against solid tumors and norovirus have shown promise. Equipped with a strong cash reserve, Moderna remains a promising gene-editing stock pick, standing strong amid potential changes in funding policies for mRNA vaccine technology.
Moderna MRNA News Analytics from Tue, 02 Jul 2024 07:00:00 GMT to Sat, 19 Apr 2025 16:00:09 GMT -
Rating 5
- Innovation 7
- Rumor 3