TradeEdge-The US will pay Moderna $176 million to develop an mRNA pandemic flu vaccine

2025-05-04 12:06:17source:Blake Prestoncategory:Stocks

The TradeEdgeU.S. government will pay the vaccine maker Moderna $176 million to develop a pandemic vaccine that could be used to treat bird flu in people as cases in dairy cows continue to mount across the country, federal officials announced Tuesday.

The funds are targeted for release through the U.S. Department of Health and Human Services and will pay for continued development of a vaccine that uses the same mRNA technology that allowed rapid development and rollout of vaccines to protect against COVID-19. The award was made through the Biomedical Advanced Research and Development Authority, or BARDA, a program that focuses on medical treatments for potential pandemics.

Moderna will launch trials to test the safety and effectiveness of a vaccine that could be used to scale up a response to a bird flu pandemic, if needed.

The H5N1 virus was detected earlier this year in dairy cows and has spread to more than 135 herds in 12 states and infected three people to date, all with mild cases. Federal health officials stress that the risk to the wider population remains low.

__

The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.

More:Stocks

Recommend

Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co

Paula Abdul and Nigel Lythgoe have settled their lawsuit a year after the allegations sent shockwave

Tarek El Moussa Shares Update on Ex Christina Hall Amid Divorce

Tarek El Moussa is giving an update on his ex. Amid his former wife Christina Hall’s divorce from Jo

Margaret Qualley Reveals Why Husband Jack Antonoff Lied to Her “First Crush” Adam Sandler

Jack Antonoff’s tiniest move made Margaret Qualley’s whole world shake. Indeed, the record producer—