Stock Markets April 21, 2026 07:16 PM

Moderna launches phase 3 trial of mRNA bird flu vaccine in U.S. and U.K.

mRNA-1018 enters late-stage testing with CEPI backing and links to seasonal flu candidate data for potential approval

By Derek Hwang MRNA
Moderna launches phase 3 trial of mRNA bird flu vaccine in U.S. and U.K.
MRNA

Moderna has initiated a late-stage clinical trial of its experimental bird flu vaccine mRNA-1018 in the United States and the United Kingdom. The phase 3 study will enroll roughly 4,000 healthy adults aged 18 and older. The program is supported by a $54 million investment from the Coalition for Epidemic Preparedness Innovations (CEPI). Moderna said regulatory filing prospects would be bolstered by positive results from its separate seasonal flu candidate, mRNA-1010, currently under regulatory review in several jurisdictions.

Key Points

  • Moderna has launched a phase 3 trial of its experimental bird flu vaccine mRNA-1018 in the U.S. and U.K., enrolling about 4,000 adults.
  • The study is supported by a $54 million investment from CEPI; Moderna says regulatory filing for mRNA-1018 would be supported by positive data from its seasonal flu candidate mRNA-1010, which is under review in multiple jurisdictions.
  • Sectors impacted include pharmaceuticals and biotechnology - particularly vaccine development and manufacturing - as well as global public health supply chains and regulatory frameworks.

April 21 - Moderna said on Tuesday it has begun a late-stage study of its experimental bird flu vaccine in the United States and the United Kingdom, representing the first time an mRNA-based pandemic bird flu vaccine has reached late-stage clinical testing.

The vaccine, designated mRNA-1018, will be evaluated in about 4,000 healthy adults aged 18 and older. The trial is supported by a $54 million investment from the Coalition for Epidemic Preparedness Innovations (CEPI), a global partnership that funds efforts to accelerate development of vaccines for epidemic and pandemic threats.

Moderna noted that CEPI provided the funding in December. That investment followed a decision last May by U.S. Health Secretary Robert F. Kennedy Jr. to cancel more than $700 million in contracts with Moderna that had aimed to develop a bird flu vaccine intended to protect against a potential future pandemic.

The company highlighted the role of mRNA technology, which was used to develop COVID-19 vaccines, as a faster approach to making vaccines against viruses with pandemic potential. Moderna Chief Executive Stephane Bancel said bird flu remains a pandemic threat and described the start of the study as an important step in improving preparedness for future outbreaks.

Moderna also said that any future regulatory filing for mRNA-1018 would be supported by positive data from its separate seasonal influenza candidate, mRNA-1010, which is under review in the United States, the European Union, Canada and Australia. The company linked the approval pathway for the pandemic candidate to evidence gathered from that parallel program.

Under Moderna’s arrangement with CEPI, the company said that if the vaccine is approved and a flu pandemic is declared, it would reserve 20% of its manufacturing capacity for supply to low- and middle-income countries at affordable prices. That commitment is contingent on both approval and an official pandemic declaration.


Context and implications

The move places an mRNA-formulated bird flu vaccine into phase 3 testing for the first time, with public-private partnership funding backing the program. The trial size and the involvement of regulatory submissions for a related seasonal candidate are factors Moderna flagged as central to any path toward approval and global supply commitments.

Risks

  • Clinical trial risk - the phase 3 study outcomes are uncertain and will determine whether the vaccine can progress toward approval; this affects the pharmaceutical and vaccine manufacturing sectors.
  • Regulatory dependency - any filing for approval of mRNA-1018 would rely on positive data from Moderna’s separate seasonal flu candidate mRNA-1010, which is still under review in multiple regulatory jurisdictions; this ties approval prospects to the outcome of another program.
  • Conditional supply commitments - Moderna’s pledge to reserve 20% of capacity for low- and middle-income countries is contingent on vaccine approval and an official pandemic declaration, introducing uncertainty for global supply planning and public health procurement.

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