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Moderna Stock Jumped Because It Just Unveiled a Two-in-One Vaccine for Covid and the Flu

Moderna plans to announce the development of a vaccine candidate that will protect against Covid-19 and the flu, to be known as mRNA-1073. The company will also announce a pediatric vaccine called mRNA-1365, which combines its experimental respiratory syncytial virus vaccine with its experimental human metapneumovirus vaccine.

The news came less than an hour before the company begins an investor event intended to discuss the company’s clinical development pipeline. Top Moderna (ticker: MRNA) executives, including CEO Stéphane Bancel, newly appointed chief medical officer Dr. Paul Burton, and the company’s president, Dr. Stephen Hoge, were due to appear.

Source: Barrons

https://www.barrons.com/articles/moderna-stock-covid-flu-vaccine-51631189754

Daily Remedy

Daily Remedy

Dr. Jay K Joshi serves as the editor-in-chief of Daily Remedy. He is a serial entrepreneur and sought after thought-leader for matters related to healthcare innovation and medical jurisprudence. He has published articles on a variety of healthcare topics in both peer-reviewed journals and trade publications. His legal writings include amicus curiae briefs prepared for prominent federal healthcare cases.

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