Trump administration cancels $766 million Moderna contract to fight pandemic flu

FILE - A patient is given a flu vaccine Oct. 28, 2022, in Lynwood, Calif. On Tuesday, July 2, 2024, the U.S. (AP Photo/Mark J. Terrill, File)

The Trump administration has canceled $766 million awarded to drugmaker Moderna Inc. to develop a vaccine against potential pandemic influenza viruses, including the H5N1 bird flu.

The company said it was notified Wednesday that the Health and Human Services Department had withdrawn funds awarded in July 2024 and in January to pay for development and purchase of its investigational vaccine.

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