FDA refuses review of mRNA flu vaccine
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The biotech company said the FDA won’t review its flu vaccine, in the latest hit to mRNA development.
Moderna Inc (NASDAQ:MRNA) has delivered a 37% gain year-to-date, dramatically outpacing the biotech sector’s 0.4% YTD return. In fact, Moderna has the 12th-best gains in the entire S&P 500 so far in 2026!
Refusal to review the submission is inconsistent with feedback at pre-Phase 3 and pre-submission consultations; Moderna
Moderna signs a long-term deal with Mexico to build local mRNA production, transfer technology, and supply up to 10 million COVID vaccine doses for the 2025–2026 campaign.
Shares of Moderna gained after the company received a contract to help the Mexican government establish a reliable in-country supply of respiratory vaccines. The stock jumped 6.7% to $44.77 on Tuesday. The shares have risen 40% in the past year.