Moderna CEO Stéphane Bancel (via Getty Images)

BAR­DA bets $483M on Mod­er­na’s Covid-19 vac­cine as the biotech plots ul­tra-fast PhI­II, re­cruit­ing 150 staffers to scale up 24/7

BAR­DA has agreed to gam­ble up to $483 mil­lion on Mod­er­na’s clin­i­cal-stage vac­cine to guard against SARS-CoV-2 — a move that will fund de­vel­op­ment through a hoped-for BLA fil­ing for ac­cel­er­at­ed ap­proval while open­ing the door to a piv­otal study as ear­ly as the fall of this year. And the biotech is launch­ing a re­cruit­ment cam­paign to hire 150 staffers to ramp up a 24/7 sched­ule on man­u­fac­tur­ing de­signed to quick­ly scale up to tens of mil­lions of dos­es.

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