U.S. Government Orders 100 Million More Doses of Moderna's Coronavirus Vaccine

The pandemic-ravaged U.S. is set to receive an additional 100 million doses of Moderna's (NASDAQ: MRNA) coronavirus vaccine, the company announced after market hours on Friday. The government has exercised an option it held with Moderna to purchase that number of doses. This doubles the country's original commitment of 100 million.

Moderna's mRNA-1273 coronavirus vaccine candidate has not yet been approved by the Food and Drug Administration. The company has filed for emergency use authorization (EUA), however. Given the very high efficacy the vaccine has shown in late-stage testing, it's widely expected to receive that green light shortly.

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Source Fool.com