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Moderna Expects Flu Vaccine Trial to Continue, Despite Missing Early Success Criteria

  • Moderna said an independent board recommended its flu vaccine trial continue, though early success criteria weren't met.
  • Moderna's shares fell over 3% on the news, though the company still expects to launch six vaccines in coming years.
  • The potential flu vaccine didn't produce enough cases among recipients compared to those given a different vaccine.
  • Moderna remains focused on non-COVID vaccines as sales of its coronavirus shot have declined.
  • The company anticipates seeking approval of an RSV vaccine this quarter and major vaccine launches over the next several years.
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