Moderna extends rally with another vaccine in the works

Human vaccine trials for the coronavirus will likely start in less than 2 months. FMTNews Vaccine ModernaInc Virus

NEW YORK: On the heels of its biggest one-day gain Tuesday, Moderna Inc touched an intraday record after revealing the development of an experimental vaccine for a virus tied to birth defects is advancing faster than expected.

Enrollment in mid-stage study of Moderna’s mRNA-1647, a vaccine for cytomegalovirus or CMV, an infection that can lead to birth defects, has been completed for two of the three dosing arms. Moderna expects to have a CMV vaccine in the final stage of testing next year, the company said in its quarterly earnings report.

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