Moderna Receives $1.1B for Launch of Experimental COVID Vaccine

Posted on AllSides October 29th, 2020
From The Right

Moderna Inc, one of the front-runners in the race to develop a vaccine for the new coronavirus, said on Thursday it was preparing to launch the experimental vaccine and had already received $1.1 billion in deposits for supply.

The Cambridge, Massachusetts-based company has signed deals with the U.S. government and several other countries, and is in talks with a WHO-led group for supply of the vaccine, which is in large, late-stage human trials.

While the company did not give a clear timeline on the release of data from these trials...

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