Moderna wins US govt award for mRNA vaccine development

20 January 2025

In some good news for the US vaccines developer, whose stock has fallen 66% in the past 12 months, Moderna (Nasdaq: MRNA) on Friday announced ongoing support from the US Department of Health and Human Services (HHS) to accelerate the development of mRNA-based pandemic influenza vaccines.

Moderna’s shares rose 4.5% to $5.60 in after-hours trading.

The award was made through the Rapid Response Partnership Vehicle (RRPV) Consortium with funding from the Biomedical Advanced Research and Development Authority (BARDA), part of the HHS Administration for Strategic Preparedness and Response (ASPR).

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