UK's MHRA Approves An Adapted Spikevax Moderna Covid-19 Vaccine That Targets The JN.1 COVID-19 Subvariant
Portfolio Pulse from Benzinga Newsdesk
The UK's Medicines and Healthcare products Regulatory Agency (MHRA) has approved an adapted version of Moderna's Spikevax COVID-19 vaccine, which targets the JN.1 subvariant. This approval could potentially boost Moderna's market position and sales.
September 03, 2024 | 12:14 pm
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Moderna's adapted Spikevax vaccine targeting the JN.1 COVID-19 subvariant has been approved by the UK's MHRA. This approval may lead to increased sales and strengthen Moderna's market position.
The approval of Moderna's adapted vaccine by the UK's MHRA is a significant regulatory milestone. It allows Moderna to address the JN.1 subvariant, potentially increasing demand for their vaccine. This could lead to higher sales and a stronger market position, positively impacting the stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90