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Fly News Breaks for March 4, 2020
Mar 4, 2020 | 07:44 EDT
Morgan Stanley analyst Matthew Harrison noted that the head of the National Institute for Allergy and Infectious Disease, Dr. Anthony Fauci, indicated that dosing of the first patient for Moderna's COVID-19 vaccine candidate would be "soon," adding that he would expect an announcement from the NIAID around first patient dosing. Fauci had originally indicated he did not expect first patient dosing until late April, so this update is about 1.5 months ahead of schedule, said Harrison, who has an Overweight rating and $30 price target on Moderna.