Moderna, Thermo Fisher Join Forces To Manufacture COVID-19 Vaccine, Other Drugs


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Moderna Inc (NASDAQ:MRNA) has entered into a long-term agreement with Thermo Fisher Scientific Inc (NYSE:TMO) to manufacture its COVID-19 vaccine and other experimental medicines based on mRNA technology.

  • Thermo Fisher had already partnered with Moderna last year to help scale up production of its COVID vaccine, Spikevax.
  • As a part of the 15-year expanded deal, Thermo Fisher would provide dedicated manufacturing capacity in the U.S. for fill/finish services and labeling and packaging services for Spikevax and other mRNA drugs in Moderna's pipeline.
  • Moderna last week said it was developing three new vaccines based on the same messenger RNA (mRNA) technology used for its COVID-19 shot, including one for viral infection shingles. 
  • On Tuesday, Moderna also announced a partnership with Adium Pharma S.A. to distribute its COVID-19 vaccine in Latin America.
  • Price Action: TMO shares are up 1.08% at $535.60, MRNA stock is down 5.77% at $136.60 during the market session on the last check Wednesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: BiotechNewsHealth CareContractsGeneralBriefsCOVID-19 CoronavirusCOVID-19 Vaccine