Moderna has secured a $1.5 billion Operation Warp Speed contract to supply 100 million doses of a COVID-19 vaccine candidate to the U.S. government, with an option to supply 400 million more doses if needed.
Under the terms of the agreement, Moderna will receive an initial $1.2 billion to manufacture and deliver the 100 million doses to the government, with an additional $300 million to be earned if the vaccine receives an Emergency Use Authorization or a biologics license from the FDA.
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Moderna has secured a $1.5 billion Operation Warp Speed contract to supply 100 million doses of a COVID-19 vaccine candidate to the U.S. government, with an option to supply 400 million more doses if needed.
Under the terms of the agreement, Moderna will receive an initial $1.2 billion to manufacture and deliver the 100 million doses to the government, with an additional $300 million to be earned if the vaccine receives an Emergency Use Authorization or a biologics license from the FDA.