DUBAI: Moderna shares slipped Tuesday morning after the COVID-19 vaccine developer said its potential flu vaccine needs more study in a late-stage clinical trial.
The company said an independent data and safety monitory board found that the potential vaccine “did not meet the statistical threshold necessary to declare early success” in the study.
The board recommended that the trial should continue.
Moderna is developing the vaccine, labeled mRNA-1010, to guard against seasonal flu. It is testing the vaccine in two, late-stage studies in the Southern and Northern hemispheres.
The vaccine developer said Tuesday it expects to launch six vaccines in the next few years.
The company’s COVID-19 vaccine, Spikevax, has been its main revenue generator so far. It brought in more than $18 billion in sales last year.
Moderna also is developing potential vaccines for respiratory syncytial virus, or RSV, and the human immunodeficiency virus that causes AIDS.
Shares of Moderna Inc., based in Cambridge, Massachusetts, fell nearly 5 percent to $152.50 before markets opened Tuesday.
The stock had already slipped about 11 percent so far this year. The Dow Jones Industrial Average has climbed slightly.
Moderna says potential flu vaccine needs more study
https://arab.news/2gzw4
Moderna says potential flu vaccine needs more study
- Moderna is developing the vaccine, labeled mRNA-1010, to guard against seasonal flu
- It is testing the vaccine in two, late-stage studies in the Southern and Northern hemispheres
Bangladesh says at least 287 killed during Hasina-era abductions
DHAKA: A Bangladesh commission investigating disappearances during the rule of ousted prime minister Sheikh Hasina said Monday at least 287 people were assumed to have been killed.
The commission said some corpses were believed to have been dumped in rivers, including the Buriganga in the capital, Dhaka, or buried in mass graves.
The government-appointed commission, formed after Hasina was toppled by a mass uprising in August 2024, said it had investigated 1,569 cases of abductions, with 287 of the victims presumed dead.
“We have identified a number of unmarked graves in several places where the bodies were presumably buried,” Nur Khan Liton, a commission member, told AFP.
“The commission has recommended that Bangladesh seek cooperation from forensic experts to identify the bodies and collect and preserve DNA samples from family members.”
In its final report, submitted to the government on Sunday, the commission said that security forces had acted under the command of Hasina and her top officials.
The report said many of those abducted had belonged to the country’s largest Islamist party, Jamaat-e-Islami, or the Bangladesh Nationalist Party (BNP), both in opposition to Hasina.
In a separate investigation, police in December began exhuming a mass grave in Dhaka.
The grave included at least eight victims of the uprising against Hasina, bodies all found with bullet wounds, according to Criminal Investigation Department (CID) chief Md Sibgat Ullah.
The United Nations says up to 1,400 people were killed in crackdowns as Hasina attempted to cling to power.
She was sentenced to death in absentia in November for crimes against humanity.
“We are grateful for finally being able to know where our brother is buried,” said Mohamed Nabil, whose 28-year-old sibling Sohel Rana was identified as one of the dead in the grave in Dhaka.
“But we demand a swift trial for the police officials who shot at the people during the uprising.”
