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US cancels Moderna's $766-mn contract for pandemic flu vaccine
short by Bhawana Chaudhary / on Thursday, 29 May, 2025
US government has cancelled a contract awarded to Moderna for the late-stage development of its pandemic influenza vaccine for humans, as well as the right to purchase shots, the drugmaker announced. Department of Health and Human Services has slashed $766-million funding allocated to Moderna. Moderna now plans to explore alternatives for late-stage development and manufacturing of the vaccine.
read more at Reuters