Coronavirus Update: Moderna Lifted By BARDA funding, Europe Looks For Exit Strategy, Vaccine Funds

Boost For Vaccine Frontrunner

Plus: Moleculin hopes to move 2-DG prodrug into clinic, India progresses niche COVID-19 defenses and more.

Dusseldorf_Street
Customers observe social distancing rules outside a local shop in Dusseldorf, Germany. Europe is looking for a controlled return to normality, but the process will be slow

Moderna Inc. has received a major cash infusion from the US Biomedical Advanced Research and Development Authority (BARDA) to support its COVID-19 vaccine program.

The commitment of up to $483m will help fund activities through licensure. The mRNA-1273 vaccine started a Phase I trial on 16 March and Moderna intends to begin a Phase...

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