[ad_1]
The first data from the study are expected in November, Moderna announced Thursday. “We are actively preparing for the launch of mRNA-1273 and have signed a number of supply agreements with governments around the world,” said CEO Stéphane Bancel. These include the US government and the European Commission concluded exploratory talks with the company.
Moderna made nearly $ 158 million in the third quarter after $ 17 million a year ago, which the company primarily owed to payments from the US Department of Health’s state organization BARDA for its corona vaccine project. Due to a significant increase in research spending, the net loss increased to $ 233.6 million from a whopping 123 million in the same period last year.
No vaccinations on the market yet
In addition to Germany’s BioNTech with its partners Pfizer and AstraZeneca, Moderna is one of the leading companies in the corona vaccine race. So far there is no vaccine on the international market. Moderna hasn’t launched a product yet.
Pharmaceutical supplier Lonza signed a contract with Moderna in May for the production of the Moderna active ingredient on a larger scale. (pbe / SDA)
Source link