Moderna produces one of three COVID shots available in the U.S.1 In November 2021, Moderna released data on third-quarter sales showing phenomenal profits from the vaccine of $ 5 billion worldwide and forecasted $ 18 billion for the year just from the mRNA vaccine.2 To take advantage of this revenue stream, the company announced they… Read More »
The U.S. Food and Drug Administration reiterated its stance that the benefits of Moderna’s COVID-19 vaccine outweigh its risks on Friday after several Nordic countries began restricting its use for certain age groups due to concerns about a rare heart-related side effect. The FDA responded after health officials in Finland said Thursday that males under… Read More »
Breadcrumb Trail Links News Health Canada The Johnson & Johnson vaccine is approved, but Canada hasn’t been using it. Some say the viral vector shot could convince more people to get vaccinated Author of the article: Sharon Kirkey Publishing date: Oct 01, 2021 • 2 days ago • 5 minute read • 285 Comments A Johnson… Read More »
With plans to boost COVID-19 vaccine production into the billions of doses next year, Moderna is making major renovations at its Massachusetts manufacturing site that will more than double its size. The mRNA developer on Tuesday said it plans to renovate its manufacturing site in Norwood, Massachusetts, from “a production and lab space to an industrial technology… Read More »
The global COVID-19 vaccine supply is about to take another hit, but this time from Moderna. The mRNA drugmaker warned Friday that supply problems are forcing it to cut back deliveries to “a number of countries,” including the U.K. and Canada. Moderna, which has partnered with Switzerland’s Lonza to manufacture its vaccine known as mRNA-1273, pinned the reduction on deficits in… Read More »
A view of Moderna headquarters on May 08, 2020 in Cambridge, Massachusetts. Moderna was given FDA approval to continue to phase 2 of Coronavirus (COVID-19) vaccine trials with 600 participants. (Photo by Maddie Meyer/Getty Images) Moderna Inc., a biotech company that develops pharmaceuticals, received $ 472 million award from the federal Biomedical Advanced Research and… Read More »
CAMBRIDGE, MA – MAY 18: Moderna Therapeutics headquarters in Cambridge, MA are pictured on May 18, … [+] 2020. Moderna is one of a number of companies making progress on a Coronavirus vaccine. (Photo by Blake Nissen for The Boston Globe via Getty Images) Boston Globe via Getty Images Biotech company Moderna, which is among… Read More »