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MRNA Moderna News Story

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Moderna rises after FDA advisers back flu vaccine

BUZZ-Moderna rises after FDA advisers back flu vaccine

** Shares of vaccine maker Moderna MRNA.O rise 4.1% to $64.26

** U.S. FDA advisers unanimously back approval of MRNA's flu vaccine, mFlusiva, for adults aged 50 and older

** All nine panel members vote in favor, saying the shot's benefits outweigh its risks in adults aged 50-64 as well as those aged 65 and above

** Under former FDA Commissioner Marty Makary, the health regulator had rejected Moderna's initial application for the shot before reversing course

** Including session's move, MRNA up 118.1% YTD


(Reporting by Kunal Das in Bengaluru)

((Kunal.Das2@thomsonreuters.com;))

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