Statement from Moderna on Patent Trial and Appeal Board (PTAB) Ruling

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Go back to Statement from Moderna on Patent Trial and Appeal Board (PTAB) Ruling

Moderna (MRNA) Reports $472M Expansion of BARDA Agreement to Support Larger Phase 3 Program for Vaccine (mRNA-1273) Against COVID-19

July 27, 2020 5:51 AM EDT

Moderna, Inc. (NASDAQ: MRNA) today announced a modification to its contract with the Biomedical Advanced Research and Development Authority (BARDA) for an additional commitment of up to $472 million to support late stage clinical development including the expanded Phase 3 study of the Companys mRNA vaccine candidate (mRNA-1273) against COVID-19.

An earlier award from BARDA for up to $483 million was entered into to support the scale up of mRNA-1273 and clinical development, originally with a smaller anticipated number of participants in the Phase 3 clinical trial. Following discussions with the U.S. Food and Drug... More