readthroughSign in
Jul 31, 2026Quarterly update

Moderna's norovirus vaccine misses early efficacy bar; flu shot nears FDA decision

The company said mRNA-1403 did not clear a Phase 3 interim efficacy threshold as it awaits an August 5 FDA decision on flu vaccine mFLUSIVA.

Moderna reported on July 31, 2026 that its Phase 3 norovirus vaccine study of mRNA-1403 did not meet statistical criteria for early success at a Phase 3 interim analysis.1 The company said the study is continuing in blinded fashion while it works to add an additional patient cohort.1

On the regulatory side, Moderna's seasonal flu candidate mRNA-1010, branded mFLUSIVA, got a unanimous recommendation from the FDA's Vaccines and Related Biological Products Advisory Committee ahead of an August 5 PDUFA goal date.1 The FDA has set that same August 5, 2026 date as the formal decision deadline for mRNA-1010. Separately, the company's flu-COVID combination shot, mRNA-1083, has EU marketing authorization as mCOMBRIAX and is under review in Japan, Canada and Australia, while Moderna awaits further guidance from the FDA on refiling its U.S. submission.1

In oncology, Moderna and partner Merck are running nine total Phase 2 and Phase 3 trials of intismeran autogene (mRNA-4157) across melanoma, non-small cell lung cancer, bladder cancer and renal cell carcinoma.1 The Phase 3 adjuvant melanoma study, along with Phase 2 studies in renal cell and bladder cancer, is fully enrolled, with adjuvant melanoma data expected potentially in 2026.1 In rare disease, the propionic acidemia candidate mRNA-3927 has reached its enrollment target in a registrational study, with potential data expected in 2026.1

On finances, Moderna held $6.9 billion in cash, cash equivalents and investments as of June 30, 2026, down from $7.5 billion at the end of the first quarter.1 The company paid $950 million in July 2026 tied to a litigation settlement announced earlier in the year.1 Moderna raised its year-end cash guidance, now projecting $4.7 to $5.2 billion in year-end cash and investments, an improvement of about $0.2 billion from its prior estimate.1

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.