Blackstone Life Sciences injects $750m into Moderna to develop flu shots

Blackstone Life Sciences injects $750m into Moderna to develop flu shots

Source: Blackstone's social media

Moderna on Wednesday said Blackstone’s sciences arm would offer $750 million to help fund development of its flu vaccines, bolstering the company’s efforts to advance multiple vaccines in the face of a steep decline in sales of its COVID-19 shots.