Moderna Touts mRNA Progress, Plus $750m From Blackstone To Back Its Flu Vaccine

 
• By Joseph Haas
  
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Moderna still projects $4.5bn in R&D spending this year for its pipeline of 28 mRNA vaccines, including a COVID-19 vaccine with stronger immune response than Spikevax.

COVID-19 vaccine
Moderna's next-gen COVID-19 vaccine shows better immune response than SpikeVax • Source: Shutterstock

Moderna, Inc. highlighted several developments on 27 March to show the progress the company is making on expanding its mRNA-based vaccine business, with positive Phase III data for its next-generation COVID-19 vaccine candidate, a May US action date for its respiratory syncytial virus (RSV) vaccine mRNA-1345, ongoing Phase III development of a combination respiratory vaccine for COVID-19 and influenza and up to $750m from Blackstone Life Sciences to fund its overall flu vaccine program.

Key Takeaways

  • Moderna reported Phase III data on 26 March demonstrating stronger immune response than Spikevax against the original and Omicron variants of COVID-19.

A day earlier, the company reported that mRNA-1283, its next-generation COVID-19 vaccine candidate, which incorporates a shorter mRNA that may...

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