Salem Radio Network News Tuesday, August 16, 2022

Health

Moderna signs $1.74 billion deal with U.S. govt for Omicron-adapted vaccine

(Reuters) -Moderna Inc said on Friday it has signed an agreement with the U.S. government worth as much as $1.74 billion, under which it will supply 66 million initial doses of its Omicron-adapted vaccine.

The initial doses will be delivered this year and the government also has the option to purchase an additional 234 million doses.

The bivalent booster candidate, mRNA-1273.222, contains the fast-spreading Omicron BA.4/5 strains, which are the most prevalent variants of concern in the U.S.

The U.S. Food and Drug Administration has asked vaccine manufacturers to target the two currently dominant subvariants for a potential fall season booster dose.

Pfizer Inc and partner BioNTech SE in June got a $3.2 billion order from the U.S. government for 105 million doses of their COVID-19 vaccine, which included supplies of a tweaked Omicron-adapted vaccine, pending regulatory clearance.

(Reporting by Mrinalika Roy in Bengaluru; Editing by Shailesh Kuber)

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