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Biotech / Medical : Coronavirus / COVID-19 Pandemic

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From: kidl12/18/2020 9:07:46 AM
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Moderna’s COVID-19 vaccine gets more orders from Europe

Dec. 18, 2020 8:38 AM ET Moderna, Inc. (MRNA) By: Dulan Lokuwithana, SA News Editor
  • Moderna (NASDAQ: MRNA) announced today that the European Commission has exercised its option to purchase an additional 80M of its COVID-19 vaccine candidate, expanding the company’s total order commitment to 160M doses.
  • Following the regulatory approval by the EMA, Moderna expects to begin deliveries to Europe from early 2021. With the latest announcement, the total global orders for the mRNA-1273 vaccine expands to more than 470M doses.
  • The company’s dedicated European supply chain will be commissioned for deliveries subject to positive opinion from the European Medicines Agency’s scientific committee for human medicines and the European Commission’s Decision regarding the Conditional Marketing Authorization for the vaccine.
  • The EU has moved forward the timeline for COVID-19 vaccine authorization with EMA preparing to finalize the approval for the Pfizer (NYSE: PFE) -BioNTech (NASDAQ: BNTX) COVID-19 vaccine by December 23 instead of December 29. The Amsterdam-based agency, has also moved forward the meeting to discuss the authorization for Moderna vaccine to January 06 from January 12.
  • Yesterday, the FDA’s expert panel endorsed the experimental vaccine against COVID-19, paving the way for company to become the second in line to win emergency authorization in the U.S.
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