Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19

News

Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19

14.08.2020 News

Shares of Moderna that up to 252.6% since the beginning of the year, increased by 9% before the opening of trading on Wednesday against the backdrop of President Donald Trump signing a major government agreement with the company to supply 100 million doses of its mRNA-1273 vaccine against COVID-19.

According to a Moderna press release on Tuesday, the transaction is worth $ 1.53 billion, the terms also allow the federal government to purchase up to 400 million additional doses.

At the same time, the US government has already invested $ 955 million in the development of the Moderna vaccine, resulting in a total investment of $ 2.48 billion.

Currently, the Moderna vaccine against the deadly disease is in the final phase of the study, testing its effectiveness and safety is conducted on 30,000 volunteers. In case of passing to the planned schedule, according to Moderna, the company can announce the final results of the final study in October.

Earlier, the company announced plans to deliver about 500 million doses of the vaccine this year and possibly up to 1 billion doses per year starting in 2021.

“We appreciate the US government’s trust in our mRNA vaccine platform and the continued support,” Moderna CEO, Stefan Bansel said in a press release.

Commenting on a recent quarterly report by Moderna, Bansel said the company will set the price of the vaccine “significantly lower cost” during a pandemic and will evaluate its market value as soon as the virus will take control.

Other articles

  • Pfizer will deliver half of the planned number of vaccines in 2020
    News

    Pfizer will deliver half of the planned number of vaccines in 2020

    Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]

  • Moderna vaccine will be tested on teenagers
    News

    Moderna vaccine will be tested on teenagers

    The mRNA-1273 vaccine from the American company Moderna will be tested on three thousand children in six US states. CNN reported this on Wednesday, December 2. “Moderna has started inviting children over the age of 12 to try the vaccine” the statement said. It is noted that the study will involve volunteers aged 12-18 from […]

  • Moderna has reported 100% efficiency of the vaccine against severe cases of COVID-19
    News

    Moderna has reported 100% efficiency of the vaccine against severe cases of COVID-19

    Following the third phase of trials of its COVID-19 coronavirus vaccine, Moderna said the drug was generally well tolerated and no serious health problems were identified. According to the company, the effectiveness of its vaccine reaches 94.1%, and 100% for preventing severe coronavirus cases. Previously, the manufacturer estimated the effectiveness of its drug at 94.5%. […]

  • The Nikkei index has become the highest since 1991
    News

    The Nikkei index has become the highest since 1991

    Trading on Asia’s largest stock exchange on Asia on Tuesday opened another rise amid the continuing strengthening of indices in New York. This is evidenced by the data of stock trading on the website of the Tokyo Stock Exchange. The Nikkei index, which reflects fluctuations in the stock prices of 225 leading companies in the […]

  • Shares of Moderna rose by almost 20% after news of the vaccine
    News

    Shares of Moderna rose by almost 20% after news of the vaccine

    The vaccine, developed by biotechnology company Moderna, is effective in 94.5% of cases. This result was shown by the intermediate results of the third phase of clinical trials, the company said. On this news, Moderna shares went up. In the pre-market, the company’s quoting rose by more than 18%, rising above $ 105 per share. […]

  • The Moderna vaccine has been tested. It can be approved at an accelerated rate
    News

    The Moderna vaccine has been tested. It can be approved at an accelerated rate

    Reuters reported, In Switzerland, the procedure of accelerated testing of Moderna vaccine has started. This will allow to approve the drug if it passes all clinical trials. “Swissmedic can get an initial idea of the benefits and risks of vaccine candidates before the study is completed. This speeds up the review process and at the […]

  • There will not be enough vaccines for all EU citizens in 2021
    News

    There will not be enough vaccines for all EU citizens in 2021

    Next year, only a small proportion of people in the European Union will be able to get the coronavirus vaccine. Officials in European countries have not yet decided on the vaccination of citizens. This was announced by Reuters on Tuesday, October 27. “By the end of 2021, there will not be enough doses of the […]

  • Trump announced the release of the COVID-19 vaccine in the shortest possible time
    News

    Trump announced the release of the COVID-19 vaccine in the shortest possible time

    The United States plans to announce the readiness of the American vaccine against the coronavirus infection COVID-19 in the near future. The promise was made on Thursday by US President Donald Trump during the final round of election debates with the Democratic candidate Joe Biden at Belmont University in Nashville, Tennessee. This was reported by […]

Read also

Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Verkhovna Rada gave the “green light” to the privatization of the agricultural sector

Verkhovna Rada of Ukraine adopted in the first reading a bill needed to start privatization. It is envisaged that buyers cannot be legal entities, and related to them persons who registered in countries recognized by the Verkhovna Rada as aggressors. It is not allowed to participate in the privatization the representatives of countries with sanctions. […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

The court found guilty the NBU of bankruptcy of the “Ukrgazprombank”

March, 14 Kyiv District Administrative Court declared illegal inactivity of the regulator in relation to the “Ukrgazprombank”, which was declared insolvent in 2015, and now goes into liquidation. The lawsuit was filed by one of the contributors of the Ukrgazprombank – “Trading House Sanko” LLC , writes the  FinClub. In August 2014 the company has […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

CREDIT AGRICOLE EXTENDS OPPORTUNITIES FOR BUSINESSES UNDER “AFFORDABLE LOANS AT 5-7-9%” PROGRAM

Recently, government program “Affordable Loans at 5-7-9%” has been significantly amended allowing small and medium businesses to get even more opportunities to obtain loans at the rate of 0% p.a. or a reduced rate of 3% p.a. For this purpose, Credit Agricole and the Entrepreneurship Development Fund signed new agreements. What has changed for customers […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Three suspicions were signed in the case of PrivatBank

Prosecutor General Iryna Venediktova has reconciled three suspicions with former officials of PrivatBank, the press service of the Prosecutor General’s Office reports. Thus, the notification on the change of the previously reported suspicion to the former chairman of the bank’s board, the former deputy chairman of the board and the former head of the interbank […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Visa reported the first decline in quarterly revenue and profit since Visa started to be public in 2008

Shares of Visa, which rose 4.7% since the beginning of the year and recovered almost all losses in February and March, which decreased after the publication of the financial report for the 3rd quarter, that ended on June 30. Income per share of Visa in the 3rd quarter decreased from 23% to $ 1.06, which, […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Antimonopoly Committee of Ukraine has approved a deal to merge domestic producer “Farmak” with the Polish company KWW Kotkowski

The Antimonopoly Committee of Ukraine allowed domestic pharmaceutical manufacturer “Farmak” to buy a Polish pharmaceutical company KWW Kotkowski Wierzbicki W?grzyn sp.j. “PJSC “Farmak” (Kiev) received the permission for indirect [through the company “Farmak Invest Limited” (Nicosia, Cyprus)] acquisition of shares in the authorized capital of the company “KWW Kotkowski Wierzbicki W?grzyn sp.j.”, which provides excess […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Serbia opens its market for Ukrainian fowl

Ukraine and Serbia have approved a veterinary certificate form for export of fowl. The companies which can export to the EU only could perform the deliveries. Public service of Ukraine on safety issues of foodstuff and consumer protections (PSUSIFCP) and veterinary service of Serbia have approved a form of the veterinary certificate for export of […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

The UAE has exceeded the quota for oil production

In August, oil production in the UAE rose to 2.69 million barrels per day, while under the OPEC + agreement the quota is 2.59 million barrels. This was announced on Tuesday, September 1, Minister of Energy Suhail al-Mazrui. Exceeding the quota of 100 thousand barrels per day was caused, according to the official, by increased […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Georgian investor bought a part of the Ukrainian pharmaceutical company

The Georgian Industrial Group purchased 25% of the Ukrainian pharmaceutical company, which is 70% owned by the state. Buyer of the is Luraq Investments Limited (Limassol, Cyprus), which is part of the Georgian Industrial Group (Georgian Industrial Group, GIG) bought the last 25% of the insulin producer “Indar”, PJSC (Kyiv). This information was published by […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Swiss Luxoft will own the Ukrainian IT-company IntroPro

International company Luxoft (the headquarters – Zug), which develops software and is engaged in the export of IT – services, announced its intentions to buy leading IT – company from Ukraine – IntroPro LLC. It is reported by Ukrainian source Inventure. With regard to the financial terms of the deal – its nuances were not […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

The EU will allocate 1.6 million for improve the air legislation of Ukraine

National Aviation Service will implement a project – Twinning, which provides technical and financial assistance of the EU, with the aim to bring Ukrainian aviation standards to the European ones. This was told by Alexander Bilchuk, chairman of the State Aviation Service of Ukraine. “The signing of the working agreement between the State Aviation Service and […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

The Court of Appeal withdrew the arrest of the GREENSTONE’s property

The judicial panel on criminal cases of the Kiev Court of Appeal March 16, 2016 considered and settled  the appeal, canceling the seizure of property of  the GREENSTONE group of companies: “Petroprodukt-Ukraine”, “Yagotynske HPP”, “Protein-Production” and “League “. This was said in the press release. At the request of the investigator of the National Police – […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

For the first time in 18 months, Boeing has more orders for aircraft than cancellations

In February, the number of new orders for aircraft in the US aerospace Boeing Corporation for the first time since November 2019 exceeded the number of cancellations. So, last month Boeing sold 82 planes and registered 51 cancellations of orders for aircrafts. At the same time, Boeing has launched 22 aircraft, including 18 aircraft 737 […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

The Stockholm arbitration prohibited the OPP to alienate non-current assets

The Stockholm arbitration prohibited the  “Odessa Portside Plant”, PJSC to alienate non-current assets, according to the press-service of Group DF. “March 31, 2016  the Stockholm arbitration satisfied the request of the  Ostchem Holding Ltd (included in Group DF) and ordered the OPP  till August 31, 2016 to refrain from alienation or encumbrance in any way […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

Naftogaz plans to invest billions in production

In the next five years, Naftogaz plans to invest $ 7.3 billion in hydrocarbon production, said Otto Waterlander, the group’s chief executive officer, at a presentation of NJSC’s business strategy. “Over the next five years, our business plan assumes that we will invest $ 7.3 billion in mining, upstream, and double that amount over the […]

Next
Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19
News

BMW’s 9 months net profit fell 1.7 times

The net profit of the German automaker Bayerische Motoren Werke AG (BMW) for January-September 2020 decreased almost 1.7 times year on year and amounted to 2.11 billion euros. Adjusted earnings per share were € 3.2 against € 5.37 a year earlier. Annual revenue decreased by 7.1% to last year’s level – to 69.508 billion euros. […]

Next