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Regulatory regulatory approval

Food and Drug Administration Reverses Moderna Flu Vaccine

Analysis based on 9 articles · First reported Feb 18, 2026 · Last updated Feb 18, 2026

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The United States — Food and Drug Administration's reversal to review Moderna's flu vaccine application positively impacted Moderna's stock, with shares rising over 3%. This decision could lead to a new revenue stream for Moderna and offers a new option for flu protection for seniors in the United States, potentially affecting the broader pharmaceutical market.

Pharmaceuticals Biotechnology

The U.S. United States — Food and Drug Administration (United States — Food and Drug Administration) initially rejected Moderna's application for its mRNA-based flu vaccine (mRNA-1010) on February 3, citing concerns about the trial's control arm for older patients. This unusual move, influenced by Dr. Vinay Prasad, drew national attention and caused a temporary dip in Moderna's prospects. Following a high-priority 'Type A' meeting, Moderna revised its application, seeking full approval for adults aged 50-64 and accelerated approval for those 65 and older, along with a commitment to conduct a post-marketing study. The United States — Food and Drug Administration subsequently reversed its decision on February 18, agreeing to review the application, with a decision expected by August 5. This reversal led to a significant increase in Moderna's stock price. The event unfolds against a backdrop of increased scrutiny on mRNA technology by federal health officials, led by U.S. Health Secretary Robert F. Kennedy Jr., who has been critical of mRNA vaccines and announced a halt in federal funding for their development. Stéphane Bancel, Moderna's CEO, expressed appreciation for the United States — Food and Drug Administration's engagement and highlighted the potential availability of the vaccine for the 2026-2027 flu season. The vaccine is also under review in Europe, Canada, and Australia.

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Stéphane Bancel, CEO of Moderna, expressed appreciation for the United States — Food and Drug Administration's engagement and agreement to review the vaccine, highlighting the company's goal to make the flu vaccine available to seniors.
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Dr. Vinay Prasad, director of the United States — Food and Drug Administration's Center for Biologics Evaluation and Research, initially overruled agency reviewers and signed the refusal letter for Moderna's vaccine application, citing concerns about the trial's control arm.
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Blackstone Inc. made a US$750 million investment in Moderna, indicating its financial stake in the company's vaccine development.
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Vinay Prasad regulator Moderna As a senior FDA official, Vinay Prasad was involved in regulatory decisions regarding Moderna, notably an initial refusa
Marty Makary ex-commissioner United States — Food and Drug Administration Marty Makary served as the Commissioner of the Food and Drug Administration for 13 months before resigning in May 2026 a
Moderna related Australia
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