US HHS cancels $766M in Moderna contracts for vaccines for flu pandemics

by throw0101bon 5/30/2025, 5:51 PMwith 2 comments

by floundyon 5/30/2025, 6:02 PM

Good. Why should MRNA get 10% of their market cap in free government research handouts when there's other pharmaceutical companies that have been far more successful at making vaccines. MRNA literally has two products.

This is a dying one trick pony, the ultimate COVID meme stock, that has lost 95% of its peak market capitalization. One of the top 15 or so pharma companies will probably buy them out when the market cap gets to $3-5B.