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Moderna issues COVID-19 warning via investor call

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Moderna recently sounded the alarm over future COVID-19 strains during its fourth-annual science day event for investors.

"As the virus spreads, it is rapidly mutating. Some of these new viral strains appear to be even more transmissible than the original strain," said Melissa Moore, the company's chief scientific officer. "We already know that some of these new strains are less susceptible to neutralization by our current vaccine."

The rise in mutated strains means booster shots and new vaccines likely will be needed, according to The Motley Fool.

New doses could mean financial gain for Moderna. The company's stock has soared nearly 80% year to date.

Read more from The Motley Fool.

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