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FDA Advisory Panel Recommends Approval of Moderna Vaccine

Stock MarketsDec 17, 2020 05:19PM ET
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Investing.com -- An advisory panel to the Food and Drug Administration recommends approval of Moderna Inc (NASDAQ:MRNA)'s Covid-19 drug, clearing the way for the agency to approve the second vaccine to fight the pandemic.

The move, coming a week after the approval of a vaccine developed by Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX), marks a critical point in the battle with coronavirus. Vaccinations started this week across the United States, with front-line medical personnel getting first priority. Vice President Mike Pence and his wife are scheduled to receive the vaccine Friday morning.

Shares of Moderna traded up 5% during Thursday's session in anticipation of the panel's decision. Shares fell 3% in after-market hours.

Cities and states across the country are struggling to handle the economic toll of the pandemic against a grim daily record count of new cases and deaths.

The FDA could approve Moderna's vaccine for emergency use as early as Friday, opening the possibility that its vaccine could start being injected next week.

FDA Advisory Panel Recommends Approval of Moderna Vaccine
 

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Comments (9)
Nikolai Nikolaichev
Nikolai Nikolaichev Dec 17, 2020 9:10PM ET
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Make it fly, I am long at 137 lol
Patryk Sl
Patryk Sl Dec 17, 2020 7:55PM ET
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Company with no income and no history for 144$. Too overpriced
Jozef Drozd
Jozef Drozd Dec 17, 2020 6:20PM ET
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Who needs this toxic thing which can change our DNA ?
Vladislav Belayev
Vladislav Belayev Dec 17, 2020 6:20PM ET
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Use vaccination, billions of $$ to develop it. Do not question safety out of ignorance. Emphasize on positive.
Lance ONeill
Lance ONeill Dec 17, 2020 6:15PM ET
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This is very exciting news! Keep up the great work Moderna!!
humayoun nabi
humayoun nabi Dec 17, 2020 6:01PM ET
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covid 19 vaccine will activate Panic attacks with abnormal inflation ...
humayoun nabi
humayoun nabi Dec 17, 2020 6:01PM ET
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inflimation*
William Lam
William Lam Dec 17, 2020 6:01PM ET
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wait till you get covid. see which you prefer.
Kenneth Gold
Kenneth Gold Dec 17, 2020 5:58PM ET
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How many vaccines do we get to choose from?
jonah gaff
jonah gaff Dec 17, 2020 5:54PM ET
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great what will this rushed vaccine do?
Supreme Leader
OilGod Dec 17, 2020 5:28PM ET
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collapse
M Douglas King II
M Douglas King II Dec 17, 2020 5:26PM ET
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One case of anaphylaxis in Alaska already for Pfizer with no history.
cs sh
cs sh Dec 17, 2020 5:26PM ET
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a whole ONE?!... lol
 
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