Shares in Moderna surged 177% on Wednesday after it said an experimental treatment showed signs of slowing the recurrence of skin cancer.
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The company says it expects to have mFlusiva ready for the upcoming 2026-2027 flu season, which runs from roughly October to May.
The highest dose of a single injection reduced cholesterol levels by 62% in patients, according to Eli Lilly’s recently published study.
Operational revenue from Pfizer’s Covid vaccine Comirnaty and Paxlovid pill to treat the illness declined 59% and 63%, respectively.
Moderna is counting on revenue from newer mRNA vaccines, including a next generation Covid shot, to make up for falling sales.
US President Donald Trump is reportedly considering linking prescription drug prices to their price tags in other developed nations.
Pharma giant Merck on Tuesday announced in its earnings report that it would halt all shipments of HPV drug Gardasil to China.
Pfizer, Moderna, and GlaxoSmithKline are developing vaccines for RSV to fill the gap on their balance sheets.