Moderna to make milestone payments to NIH for COVID vaccine

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On Feb. 24, 2023, Moderna announced will make certain contingent development, commercial and regulatory milestone payments to the U.S. National Institutes of Health (NIH) related to the development of COVID-19 vaccines.

Moderna and the U.S. government agency entered into a license agreement in December 2022 related to certain patents concerning the COVID vaccine products.

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Source: Reuters
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