Pfizer Joins Influenza Vaccine Race, Kick Starts Early-Stage Trial - Pfizer (NYSE:PFE), BioNTech (NASDAQ:BNTX)

Pfizer Inc PFE has dosed the first participants in Phase 1 clinical trial to evaluate a single dose quadrivalent mRNA vaccine against influenza in healthy adults.
Also Read: Moderna Puts Its First Seasonal Flu Vaccine In The Clinic
Pfizer's mRNA influenza vaccine program is the first in a planned wave of programs leveraging mRNA technology for influenza.
Beyond influenza, the Company plans to explore mRNA in other respiratory viruses.
The Phase 1 randomized study will evaluate the safety, tolerability, and immunogenicity of a single dose of an influenza mRNA vaccine in healthy adults 65-85 years of age, with an FDA-approved standard quadrivalent influenza vaccine as a control.
In 2018, Pfizer collaborated with BioNTech SE BNTX, under which Pfizer will carry out the clinical development and commercialization of mRNA-based influenza vaccines.
Upon potential approval and commercialization, BioNTech would receive a royalty on Pfizer's sales.
Read Next: Sanofi, Translate Bio Initiate Early-Stage mRNA Influenza Vaccine Trial.
Price Action: PFE stock is down 0.69% at $43.27 during the premarket session on the last check Tuesday.