FDA AdCom unanimously backs Moderna’s mFlusiva
Moderna’s (Nasdaq: MRNA) shares closed up 3.5% at $63.96 after the announcement on Thursday of a positive vote by a US Food and Drug Administration's (FDA) advisory committee (AdCom). Moderna shares are now up around 88% year-to-date.
The FDA’s Vaccines and Related Biological Products Advisory Committee (VRBPAC) voted 9-0 that the benefits of mFlusiva (mRNA-1010 ), Moderna's investigational seasonal influenza vaccine, outweigh its risks for the prevention of influenza disease in adults 50 through 64 years of age and voted 9-0 that the benefits of mRNA-1010 outweigh its risks for the prevention of influenza disease in adults 65 years of age and older.
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