Moderna receives $483 million BARDA award for COVID-19 vaccine development [Yahoo! Finance News]
Moderna, Inc. (MRNA)
Last moderna, inc. earnings: 2/26 07:00 am
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Source: Yahoo! Finance News
April 16 Reuters) - Moderna Inc said on Thursday that it received a $483 million contract from the Biomedical Advanced Research and Development Authority BARDA) to accelerate the development of its vaccine candidate for the novel coronavirus.The experimental vaccine is being tested in an early-stage trial conducted by the U.S. National Institutes of Health and Moderna expects to begin mid-stage trial in the second quarter.Depending on the data from these studies and discussions with regulators, the company said a late-stage study could begin as soon as fall of 2020.The drug developer said BARDA funding would support the vaccine's clinical development program, as well as the scale-up manufacture of the vaccine candidate, mRNA-1273, in 2020.Moderna plans to hire up to 150 new team members in the United States this year to support the ramp-up.Moderna's study has made the most headway among efforts by the pharmaceutical industry to develop coronavirus vaccines as it is the first to be tes
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MRNA
News
- Moderna (NASDAQ:MRNA) had its "overweight" rating reaffirmed by analysts at Piper Sandler.MarketBeat
- Moderna (NASDAQ:MRNA) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- Moderna (NASDAQ:MRNA) was given a new $18.00 price target on by analysts at UBS Group AG.MarketBeat
- Moderna (NASDAQ:MRNA) had its price target raised by analysts at Leerink Partners from $15.00 to $18.00. They now have an "underperform" rating on the stock.MarketBeat
- Moderna (NASDAQ:MRNA) had its price target lowered by analysts at Royal Bank Of Canada from $28.00 to $25.00. They now have a "sector perform" rating on the stock.MarketBeat
MRNA
Earnings
- 11/6/25 - Beat
MRNA
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/1/25 - Form 4
- MRNA's page on the SEC website