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MRNA
NASDAQ Life Sciences

Moderna's Flu Vaccine BLA Receives FDA Refusal-to-File Letter, Delays US Approval

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Biotech Stocks · Healthcare
Sentiment info
Negative
Importance info
8
Price
$38.21
Mkt Cap
$16.409B
52W Low
$22.28
52W High
$55.2
52W Position info
71% above low
Off High info
31% below high
Rel. Volume info
0.9× avg
Market data snapshot near publication time

MRNA sits 71% above its 52-week low of $22.28.

Summary

Moderna announced the FDA issued a Refusal-to-File letter for its seasonal influenza vaccine, mRNA-1010, due to the comparator choice in its Phase 3 study, delaying U.S. approval but not impacting 2026 financial guidance.


Key Events · Product Development and Regulatory · MRNA

  • FDA Issues Refusal-to-File Letter

    The U.S. Food and Drug Administration (FDA) issued a Refusal-to-File (RTF) letter for Moderna's Biologics License Application (BLA) for its investigational seasonal influenza vaccine, mRNA-1010.

  • Reason for Refusal

    The RTF was solely due to the choice of a licensed standard-dose seasonal influenza vaccine comparator in the Phase 3 study, not due to safety or efficacy concerns with mRNA-1010.

  • No Impact on 2026 Financial Guidance

    Moderna stated that it does not expect this regulatory setback to impact its previously issued 2026 financial guidance.

  • International Regulatory Progress

    mRNA-1010 has been accepted for review in the EU, Canada, and Australia, with submissions planned for additional countries in 2026.


Analysis · MRNA · Life Sciences

Moderna received a Refusal-to-File (RTF) letter from the FDA for its investigational seasonal influenza vaccine, mRNA-1010, meaning the agency will not initiate a review of the Biologics License Application (BLA). This is a significant regulatory setback, delaying potential market entry in the U.S. The FDA's decision was solely based on the choice of a licensed standard-dose seasonal influenza vaccine comparator in the Phase 3 study, not on safety or efficacy concerns. Moderna has requested a Type A meeting with the FDA to clarify the path forward. Despite this, the company stated it does not expect any impact on its 2026 financial guidance, which helps mitigate the immediate financial concern. The vaccine has been accepted for review in the EU, Canada, and Australia, indicating progress in other major markets.

At the time of this filing, MRNA was trading at $38.21 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $16.4B. The 52-week trading range was $22.28 to $55.20. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.

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MRNA - Latest Insights

MRNA
Jul 09, 2026, 7:15 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $74.54
Real-time Price: $55.79 info
Change: -$18.76 (-25%) info
Market Cap: $22.135B info
MRNA
Jun 26, 2026, 3:13 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $59.75
Real-time Price: $55.79 info
Change: -$3.97 (-7%) info
Market Cap: $22.135B info
MRNA
Jun 18, 2026, 4:15 PM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $63.50
Real-time Price: $55.79 info
Change: -$7.72 (-12%) info
Market Cap: $22.135B info
MRNA
Jun 17, 2026, 2:29 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $55.54
Real-time Price: $55.79 info
Change: +$0.2493 (+0.45%) info
Market Cap: $22.135B info
MRNA
Jun 16, 2026, 9:10 AM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $52.51
Real-time Price: $55.79 info
Change: +$3.27 (+6%) info
Market Cap: $22.135B info