Moderna Wins Permission to Submit Coronavirus Vaccine Candidate for Fast-Track Approval in Europe

Fresh off its announcement that it has submitted its coronavirus vaccine candidate for regulatory approval in Canada, Moderna (NASDAQ: MRNA) said Wednesday it is in a similar situation in Europe. The company announced that the European Medicines Agency (EMA) has formally notified it that mRNA-1273 is eligible for submission of an application for fast-track approval.

If granted European Union Marketing Authorization, Moderna would be able to distribute the approved vaccine throughout the 27-country economic bloc that includes such nations as Germany and Spain.

Image source: Getty Images.

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Source Fool.com