Much larger Phase III trial planned for Moderna vaccine

27 July 2020

mRNA therapeutics and vaccines specialist Moderna Therapeutics (Nasdaq: MRNA) has secured an additional $472 million from the US authorities for late-stage development of mRNA-1273.

The money from the Biomedical Advanced Research and Development Authority (BARDA) builds on an earlier, similarly-sized commitment, for development of the COVID-19 vaccine candidate.

While a smaller trial was originally planned, Moderna changed course after consulting with the US regulator over the past several months.

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