Moderna's Experimental Flu Vaccine Shows Promise in Late-Stage Trial
In a significant development for public health, Moderna announced on Monday that its experimental mRNA-based flu vaccine has demonstrated a stronger immune response compared to currently available flu shots in a late-stage trial. This promising outcome paves the way for the vaccine’s potential approval and the advancement of a combination shot targeting both influenza and Covid-19.
Earlier this year, in May, Moderna made the strategic decision to withdraw its application for the combination vaccine. The company indicated that it would resubmit this application after gathering additional efficacy data from the phase three trial of its stand-alone flu vaccine. This decision followed discussions with the Food and Drug Administration (FDA), which is currently undergoing significant changes under the leadership of Health and Human Services Secretary Robert F. Kennedy Jr., known for his skepticism towards vaccines.
With the new trial data in hand, Moderna plans to resubmit its application for the combination vaccine and seek approval for its stand-alone flu shot later this year. Stephen Hoge, the company’s head of research and development, expressed optimism about the prospects for both vaccines, stating that they expect to receive regulatory approvals next year, contingent on the review process.
The announcement of the trial results has positively impacted Moderna’s stock, with shares rising nearly 3% in premarket trading on Monday. Hoge emphasized that the combination vaccine simplifies the vaccination process, which could alleviate the burden on healthcare providers by reducing their workloads, lowering costs, and enhancing patient uptake.
In the competitive landscape of vaccine development, Moderna appears to be leading the race against rivals Pfizer and Novavax in bringing a combination shot to market. While the company has not disclosed specific revenue projections for its individual vaccines, Hoge noted that the markets for Covid-19, flu, and respiratory syncytial virus are each valued in the multibillion-dollar range. He expressed hope that Moderna’s innovative products will allow the company to capture a fair share of these lucrative markets.
As the world continues to navigate the challenges posed by infectious diseases, Moderna’s advancements in vaccine technology could play a crucial role in enhancing public health and improving vaccination rates across populations. The upcoming months will be critical as the company prepares for regulatory submissions and aims to bring these promising vaccines to the public.