Why Moderna (MRNA) Shares Are Trading Higher Today - Moderna (NASDAQ:MRNA)

The U.S. government has secured 66 million doses of Moderna Inc's MRNA COVID-19 vaccine booster candidate, mRNA-1273.222, a bivalent booster candidate containing Spikevax plus the omicron BA.4/5 strain mRNA.
The contract includes an award of up to $1.74 billion for manufacturing and delivering 66 million doses of mRNA-1273.222 and options to purchase up to an additional 234 million doses of COVID-19 vaccine booster candidates.
In June, Moderna released new data showing that one month after administration in previously vaccinated and boosted participants, a 50 µg booster dose of mRNA-1273.214 elicited potent neutralizing antibody responses against the omicron subvariants.
Also Read: Alnylam Hits Moderna With Another Patent Infringement Suit-Related To COVID-19 Vaccine.
Earlier this month, Moderna announced that it is advancing two bivalent candidates for the fall based on different population health security strategies in different countries.
mRNA-1273.222 contains the BA.4/5 Omicron strain, while mRNA-1273.214 contains the BA.1 omicron strain.
Price Action: MRNA shares are up 3.06% at $162.91 during the premarket session on the last check Friday.
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Moderna Inks US Supply Contract For Omicron Specific COVID-19 Vaccine Booster Doses