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Benzinga
Benzinga
Business
Dylan Berman

Moderna Stock Is Trading Higher Friday: What's Going On?

Moderna Health Canada MRNA Vaccine Covid-19 Canada
Augsburg,,Bavaria,,Germany,-,March,21,,2021:,Vials,With,The

Moderna, Inc. (NASDAQ:MRNA) shares are trading higher Friday after the company received Health Canada approval for the updated COVID-19 vaccine.

What To Know: Health Canada authorized Moderna's updated Spikevax COVID-19 mRNA vaccine targeting the SARS-CoV-2 LP.8.1 variant for individuals six months and older. The company said it is on track to deliver the vaccine in time for the 2025-2026 vaccination season.

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