Moderna (MRNA) Reports In-Line Q1 EPS

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Moderna Reports First Quarter 2020 Financial Results and Provides Business Updates

May 7, 2020 7:00 AM EDT

Progress on novel coronavirus vaccine (mRNA-1273) includes FDA clearance to proceed with Phase 2 study

Finalizing protocol for Phase 3 study of mRNA-1273, expected to begin in early summer of 2020

Awarded up to $483 million funding from BARDA for accelerated development of mRNA-1273

Entered strategic collaboration with Lonza Ltd. to manufacture up to one billion doses of mRNA-1273 per year

Up to $2.4 billion to invest, including cash and investments of $1.7 billion and up to $0.7 billion in potentially available grants and awards; reconfirms... More