Europe buys another 150 million doses of Moderna's COVID-19 vaccine, including option to buy boosters

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Shares of Moderna Inc. undefined gained 2.1% in premarket trading on Tuesday after the company said the European Commission has purchased an additional 150...

Shares of Moderna Inc.

gained 2.1% in premarket trading on Tuesday after the company said the European Commission has purchased an additional 150 million doses of its COVID-19 vaccine. These shots are set to be delivered in 2022. The contract also allows Europe to acquire other COVID-19 vaccines in development, including the still-investigational booster shots. Moderna's vaccine is currently authorized in Europe for adults. Moderna's stock is up 99.3% so far this year, while the S&P 500 SPX, -0.

 

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