Moderna Stock Surges as Hantavirus Vaccine Research Lights Up After Cruise Ship Outbreak
Moderna stock rises as it works on a hantavirus vaccine after a cruise outbreak, but the disease is rare and vaccines will take years.
Moderna stock rises as it works on a hantavirus vaccine after a cruise outbreak, but the disease is rare and vaccines will take years.
Moderna beat Q1 revenue on strong overseas COVID vaccine sales, revenue $389M, smaller US demand, reported a per-share loss.
Moderna agrees to $2.25B settlement with Arbutus Biopharma and Genevant, paying $950M upfront + up to $1.3B contingent. Ends all COVID vaccine patent litigation worldwide.
The FDA has flipped its stance and will now review Moderna's mRNA-1010 flu vaccine for adults 50+, after an initial rejection caused controversy. Decision sets August 5, 2026, target date.
Moderna reported $678M in fourth-quarter sales, beating Wall Street forecasts, while facing FDA rejection on its flu shot. The company eyes 10% growth in 2026 amid cost cuts and new deals.
Vinay Prasad, FDA's biologics director, overruled staff to refuse reviewing Moderna's new mRNA flu vaccine, citing trial design issues. HHS denies overruling occurred amid ongoing debate on vaccine scrutiny.