Moderna gets further $472 million U.S. award for coronavirus vaccine development

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FILE PHOTO: Moderna Therapeutics seen during COVID-19 in Massachusetts
FILE PHOTO: A sign marks the headquarters of Moderna Inc, which is developing a vaccine against the coronavirus, in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder/File Photo

July 26, 2020

(Reuters) – Moderna Inc <MRNA.O> said on Sunday it has received an additional $472 million from the U.S. government’s Biomedical Advanced Research and Development Authority (BARDA) to support development of its novel coronavirus vaccine.

The drug maker said the additional funding will support its late-stage clinical development including the expanded Phase 3 study of Moderna’s vaccine candidate.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by Will Dunham)

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