The upstart biotech Moderna will receive up to $483 million to pay for clinical testing and mass production of its vaccine. The agency funding this work is the US Biomedical Advanced Research and Development Authority.
The study is designed to focus on the vaccine's safety in humans as well as whether it can provoke an immune response. While the trial has enrolled 45 healthy adults ages 18 to 55, researchers are now expanding the study to also include the elderly, Moderna said. The trial is now recruiting older volunteers, ages 51 and older, in Washington state and Georgia.
The BARDA funding is meant to pay for additional clinical trials and boost Moderna's manufacturing capabilities. This should support a supply of millions of doses a month in 2020. Moderna could produce tens of millions a month in 2021 with further investment.The upstart biotech Moderna is hoping to have its coronavirus vaccine ready for emergency use in the fall. Here's how it plans to execute in record time.
Bancel said it was essential to think globally in addressing a pandemic. While the CEO could not share any specifics, he said it would make sense to use a contract manufacturing organization to help boost global production.
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