Moderna, Inc. - MRNA STOCK NEWS

Moderna, Inc. (Nasdaq: MRNA) announced shipping its 100-millionth COVID-19 vaccine dose to the U.S. government, with over 67 million doses administered in the U.S. Moderna's production has surged since receiving Emergency Use Authorization from the FDA in December 2020, increasing monthly shipments to a total of 88 million doses for Q1 2021. The company plans to maintain a shipment rate of 40-50 million doses per month. Moderna's COVID-19 vaccine, developed with the National Institute of Allergy and Infectious Diseases, is authorized for emergency use in individuals aged 18 and older.

Moderna, Inc. (Nasdaq: MRNA) has announced a new supply agreement with the Philippines for an additional 7 million doses of its COVID-19 Vaccine, bringing the total confirmed order to 20 million doses. This agreement, supported by the private sector, will help address vaccine access in the Philippines. Currently, the vaccine is not approved for use in the country, and Moderna will seek necessary regulatory approvals. Initial procurement of 13 million doses was announced on March 6, 2021, with deliveries set to commence in mid-2021.

Moderna Inc. (Nasdaq: MRNA) has initiated the Phase 2/3 KidCOVE study for its COVID-19 vaccine, mRNA-1273, in children aged 6 months to under 12 years. This study, involving approximately 6,750 participants in the U.S. and Canada, aims to evaluate the vaccine's safety, tolerability, and effectiveness. The study will consist of two parts: an open-label dose-escalation and a randomized placebo-controlled phase. Interim analysis will determine appropriate dosing. Moderna's vaccine has already been administered to 17.8 million adults in the U.S., underscoring its established efficacy.

Moderna (Nasdaq: MRNA) has commenced dosing the first participants in a Phase 1 study of mRNA-1283, its next-generation COVID-19 vaccine. This study aims to evaluate the safety and immunogenicity of mRNA-1283, which could offer refrigerator stability for easier distribution. The trial will assess three dose levels (10 µg, 30 µg, 100 µg) in a two-dose format, and a 100 µg single dose. The vaccine targets key regions of the SARS-CoV-2 spike protein. Moderna continues its commitment to addressing public health challenges with innovative solutions.

Moderna (Nasdaq: MRNA) has appointed Elizabeth (Betsy) Nabel, M.D. to its Board of Directors, effective immediately. Dr. Nabel previously served on the Board from December 2015 until July 2020, resigning to avoid potential conflicts during the COVID-19 vaccine trial. She brings extensive healthcare experience, having served as President of Brigham Health and held significant roles at the NIH. Nabel will be up for re-election at the annual meeting on April 28, 2021, and will serve on the Product Development and Nominating committees. Her expertise is expected to aid Moderna's mission in advancing mRNA therapeutics.

Moderna, Inc. (Nasdaq: MRNA) has announced the dosing of the first participants in a Phase 2 clinical study for its modified COVID-19 vaccines, targeting potential booster candidates. The study includes mRNA-1273.351, focusing on the B.1.351 variant, and mRNA-1273.211, a multivalent candidate. With previous data showing some neutralization impact against variants, Moderna is strategically pursuing these developments. A Phase 1 trial by NIAID will commence post-FDA authorization, assessing the effectiveness of these vaccines in naïve individuals and as boosters.

Moderna (Nasdaq: MRNA) has been recognized as a leading company in Fast Company’s annual list of the World’s Most Innovative Companies for 2021, sharing the top spot with Pfizer-BioNTech. This accolade highlights the company's rapid development of the COVID-19 vaccine, created in less than a year, showcasing its commitment to mRNA technology and innovation. Moderna currently operates 24 mRNA development programs, with 13 in clinical studies. This recognition underscores Moderna’s impact on public health and its potential for future breakthroughs in various medical fields.

Baxter International and Moderna have entered an agreement for Baxter's BioPharma Solutions to manufacture and supply packaging for approximately 60-90 million doses of the Moderna COVID-19 Vaccine in 2021. The manufacturing will occur in Bloomington, Indiana, utilizing Baxter's 20 years of experience in vaccine production. This partnership aims to enhance Moderna's manufacturing capacity in the U.S., allowing for the expedited rollout of the vaccine to meet public health needs.

Moderna Inc. (Nasdaq: MRNA) announced the appointment of Shannon Thyme Klinger as Chief Legal Officer, effective June 1, 2021. Klinger, previously at Novartis, brings extensive experience in the pharmaceutical sector. CEO Stéphane Bancel highlighted her skills in corporate governance and compliance, which are essential for Moderna's expanding international presence. Klinger emphasized her commitment to innovation and public health. This transition follows the planned retirement of the current General Counsel, Lori Henderson, later in 2021.