On eve of Covid vaccine trial, Moderna touts another $472M federal investment

On eve of Covid vaccine trial, Moderna touts another $472M federal investment

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Cambridge drugmaker Moderna Therapeutics said Sunday that the Biomedical Advanced Research and Development Authority, or BARDA, is injecting another $472 million in investment into the company to support its late-stage trial — set to begin Monday — of a potential vaccine for the Covid-19 coronavirus. The money brings the total invested by BARDA so far since April to $955 million. The company said the earlier investment of $483 million was based on plans for a smaller Phase 3 trial, but the company…

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