77.4 F
New York
Thursday, July 29, 2021

Moderna [NASDAQ: MRNA] Announces Deal To Supply 40M COVID-19 Vaccine Doses To Japan

Must read

Digital Realty [NYSE: DLR] Considering Developing 64 MW Facility in South Korea

Digital Realty Trust, Inc. has shown its intention to build the 64-megawatt facility in Seoul, South Korea. The firm has decided that the...

Why Shares of IZEA Worldwide [NASDAQ: IZEA] Skyrocketing Today?

Shares of IZEA Worldwide, Inc. surged 8.10% at the time of writing on Wednesday. The strong performance of the firm has highlighted the...

BIT Mining [NYSE: BTCM] Ink Purchase Agreement to Buy Bitcoin Mining Machine

BIT Mining Limited has inked a purchase agreement to increase the fleet of bitcoin mining machines. As per the new purchase agreement, the...

Dyadic International [NASDAQ: DYAI] Inks Licensing Agreement with the Rubic Consortium

Dyadic International, Inc. disclosed that it has inked a COVID-19 vaccine technology transfer and licensing agreement with the Rubic Consortium. It has been...

Moderna, Inc. [NASDAQ: MRNA] disclosed today it has engaged in the discussion with the Ministry of Health, Labor, and Welfare of Japan (MHLW) regarding the COVID-19 vaccine.

Moderna, Inc revealed that it will supply 40 million or more doses of mRNA-1273. mRNA-1273 is the vaccine candidate of Moderna against COVID-19, a disease caused by a novel coronavirus.

Shares of Moderna, Inc traded down 3.50%, or down -2.47 during the trading session of Thursday. It has earlier opened at $69.98 and has a closing price of $68.03.

It had a trading volume of 9.26 million as compared to its average volume of 21.86 million. This company has a total market capitalization of 27.39 billion.

In the past 52-weeks of trading, this company’s stock has fluctuated between the low of $13.53 and a high of $95.21. Its share has moved up 402.81%, and moved down -28.55% from its 52-weeks low and high range, respectively.

If we look at ts profitability, its return on assets (ROA) is -22.30%, return on equity (ROE) is -27.80%. Its return on equity (ROE) is -44.90%.

Continuing to look at its liquidity, this company has a current ratio of 17.30. Likewise, its quick ratio is also the same as the current ratio. Moderna has total debt to equity ratio is 0.02 and long-term debt to equity ratio is also 0.02.

Now if we turn our focus on its deal with Japan the Ministry of Health, Labor, and Welfare of Japan (MHLW), Moderna strived to provides its aid to Japan in the fight against COVID-19.

It supports the aim of Japan to provide COVID-19 vaccines to the public as soon as possible. As per the agreement, Moderna will supply the vaccine doses to Japan.

The vaccine will be distributed in Japan by Takeda Pharmaceutical. Companies will be starting executing the deal in the first half of 2021 if the vaccine will get regulatory approval.

More articles

Latest article

Binance, FTX Cut Leverage Limits on Crypto Futures Trading to 20x

Two major cryptocurrency trading platforms Binance Futures and FTX disclosed on Monday that they both have made a remarkable decision related to the crypto...

TD Holdings [NASDAQ: GLG] Inks Letter of Intent with Guangdong Jinbochuang

TD Holdings, Inc. has inked a letter of intent (LOI) with Guangdong Jinbochuang Special Purpose Vehicle Co., Ltd. and (Jinbochuang) and Hunan Jinmeike...

ASGN [NYSE: ASGN] Acquire IndraSoft Inc

ASGN Incorporated disclosed that it has acquired IndraSoft Inc. IndraSoft Inc has gained recognition as a prominent cybersecurity and digital transformation solutions offeror...

Link Reservations Decides to Accept Bitcoin/Crypto Payments

Link Reservations Inc disclosed Friday that it has decided to start accepting Bitcoin and cryptocurrency payments. This is the major breakthrough for the firm...

Athene [NYSE: ATH] Announces Acquisition of Foundation Home Loans

Athene Holding Ltd. disclosed on Thursday that it has inked a definitive agreement to purchase Foundation Home Loans (FHL). FHL had a £3...

Ping [NYSE: PING] and Anexinet Announces Partnership

Ping Identity Holding Corp. and Anexinet Corporation have both entered into a partnership agreement. The collaboration will integrate Ping Identity’s centralized Identity Access...

Digital Realty [NYSE: DLR] and Brookfield Announces Joint Venture

Digital Realty Trust, Inc.   and Brookfield Infrastructure Partners L.P. and its institutional partners disclosed on Wednesday that they have launched a 50/50 joint...

Red Cat [NASDAQ: RCAT] Announces Acquisition of Teal Drones

Red Cat Holdings, Inc. has inked an agreement on Tuesday to buy Teal Drones in an all-stock transaction. This acquisition will add Teal...