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Moderna and EU amend COVID-19 vaccine agreement to allow Spikevax deliveries scheduled for July, August to be delivered later in the year to allow EU members to receive Omicron-specific vaccines; EU to buy an additional 15 million vaccine doses

Moderna reports Q2 net income down 21% from a year ago to US$2.2B, with total revenue up 9% to US$4.75B; Spikevax COVID-19 vaccine sales hit US$4.53B, operating expenses grow 78% to US$2.3B, company records US$499.0M in inventory write-downs

US HHS warns that purchase of up to 171 million doses of bivalent COVID-19 booster doses from Pfizer, Moderna is not enough to treat entire US population; option to buy additional 600 million doses will need additional funding from Congress

FDA approves emergency use authorization for Moderna and Pfizer-BioNTech COVID-19 vaccines for children as young as six months old; Moderna vaccine administered in two doses, Pfizer vaccine administered in three doses

US buys 66 million doses of Moderna’s mRNA-1273.222 bivalent COVID-19 booster candidate for US$1.74B, with option to buy 234 million more doses; Moderna has developed two bivalent candidates based on different COVID-19 strains

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