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Photo: Filip Radwanski/SOPA Images/LightRocket via Getty Images

Moderna announced Thursday that it is in the process of developing a new vaccine that combines a booster dose of its COVID-19 vaccine with a seasonal flu vaccine.

Why it matters: "We believe this is just the beginning of a new age of information-based medicines," CEO Stéphane Bancel said in the press release, which also gave a slew of updates on projects the company is pursuing.

Driving the news: “Today we are announcing the first step in our novel respiratory vaccine program with the development of a single dose vaccine that combines a booster against COVID-19 and a booster against flu," Bancel said.

  • The company has several flu shot candidates in development and the booster shot would combine the version furthest along in development with its already existing COVID-19 vaccine, per Reuters.
  • Moderna also said it is developing a vaccine for respiratory syncytial virus (RSV) and provided updates regarding its general COVID-19 booster shot trials.
  • Moderna's shares jumped more than 5% following the announcement, CNBC reported.

Of note: Novavax announced Wednesday that it is also developing a combination COVID-19 and flu shot, and that it has initiated a clinical trial of the potential new shot.

Go deeper

Updated 19 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Vaccines: Booster shots overtake first doses in the U.S. — Pfizer to vaccinate entire Brazilian city as part of study — FDA panel endorses shot of J&J booster for adultsU.S. to lift restrictions for fully vaccinated international travelers on Nov. 8.
  2. Health: New cases down, but the West is at risk — Low vaccination rates exacerbate America's caregiving crisis — COVID is here to stay. So what does "victory" look like? — FDA will review Merck COVID-19 pill.
  3. Politics: NHL announces all but four players have been vaccinated — WHO names new advisory group on COVID origins — Biden admin warns Moderna to "step up" global vaccine supply.
  4. Education: LA extends deadline for school employee vaccinations amid staffing shortage — Parent sues Wisconsin school district after child tests positive — Arizona can't use aid for anti-mask education grants, Treasury says.
  5. Variant tracker: Where different strains are spreading.
Oct 15, 2021 - Health

State COVID lotteries did not increase vaccination rates, study finds

California Gov. Gavin Newsom at a drawing for the state's Vax for the Win program in June. Photo: Jay L. Clendenin / Los Angeles Times via Getty Images

None of the 19 states that implemented statewide COVID-19 vaccine lotteries this summer saw an increase in vaccination rates as a result of the incentive programs, according to a study published Friday in Jama Health Forum.

Why it matters: The study is the first to examine the effectiveness of 19 state-run lotteries, and offers insight into how governments can better craft incentive-based policies, said Andrew Friedson, one of the study's authors and an associate professor of economics at the University of Colorado Denver.

24 hours ago - Health

Appeals court declines to block Maine vaccine mandate

A health worker prepares a dose of the Moderna COVID-19 vaccine during a vaccination. Photo: Camilo Freedman/APhotografia/Getty Images

A federal appeals court on Friday denied an emergency request to block a COVID-19 vaccine mandate from going into effect in Maine, the Associated Press reports.

Driving the news: The mandate, which Gov. Janet Mills (D) announced in August, requires health care workers in Maine to get vaccinated by Oct. 29 or face losing their jobs.