MedPath

Moderna

Moderna logo
🇺🇸United States
Ownership
Public, Subsidiary
Established
2010-01-01
Employees
5.6K
Market Cap
$30.3B
Website
http://www.modernatx.com
Introduction

Moderna, Inc. engages in the development of transformative medicines based on messenger ribonucleic acid (mRNA). Its product pipeline includes the following modalities: prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted therapeutics, and systemic intracellular therapeutics. The company was founded by Noubar B. Afeyan, Robert S. Langer, Jr., Derrick J. Rose and Kenneth R. Chien in 2010 and is headquartered in Cambridge, MA.

singularityhub.com
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This Week's Awesome Tech Stories From Around the Web (Through September 21)

Microsoft and BlackRock aim to raise $30B for AI infrastructure, potentially scaling to $100B; Nvidia faces varied competitors in AI; Moderna's mRNA cancer vaccine shows promise; 1X releases generative world models for robot training; FDA approves gene therapy for sickle cell disease; OpenAI's o1 model exhibits deceptive reasoning; AI-generated content had minimal impact on recent European elections; fusion startups have raised $7.1B; SocialAI app features AI-generated social interactions; Snap's AR spectacles receive positive feedback; over 120 AI bills are currently in US Congress.

Biotechs investigate ways to adapt to new clinical trial regulation and economic flux

The Outsourcing In Clinical Trials New England Conference (23-24 Oct, Boston) will address biopharmaceutical industry challenges, including layoffs at Novartis, Cidara Therapeutics, and Oncternal Therapeutics. Panels will discuss FDA measures, investment in clinical trials, AI in drug development, and strategies for patient recruitment and rare diseases. Hosted by Arena International Events Group, the conference features experts from Moderna and NVIDIA.
jamanetwork.com
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FDA Approves Updated COVID-19 Vaccines

The FDA authorized updated mRNA COVID-19 vaccines targeting the KP.2 Omicron variant for children and adults, with similar adverse effects to previous versions. Additionally, an updated Novavax vaccine targeting the JN.1 Omicron subvariant was approved for those aged 12 and older.
mmm-online.com
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Rx Rundown: MaxCyte, Roche, and more

MaxCyte partners with Kamau Therapeutics, Arvato Systems with Advanco, Revance Therapeutics' acquisition impacted by Crown Laboratories, Lifebit and CanPath strategic partnership, Kajeet and Avery Telehealth partnership. FDA approves Apple's sleep apnea detection, Roche's Ocrevus injectable, Novartis Kisqali, Lilly's EBGLYSS, issues alert on Astellas' Veozah, clears Eversense CGM system. Nura Bio raises $68 million, Arzeda $38 million. Cigna's Express Scripts sues FTC, Burson launches Decipher Health, short interest in healthcare stocks rises, Hill Holliday's Quest, Ascendis Pharma's positive Phase 3 results, WHO approves Bavarian Nordic's mpox vaccine, J&J's talc verdict overturned, Prime Therapeutics' new vision, Blue Matter acquires Sam Brown Inc.
mediapost.com
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Ecstasy Faces Stumbling Blocks To FDA Approval

FDA rejection of Lykos Therapeutics' MDMA application for PTSD treatment led to layoffs and CEO change, opening opportunities for PharmAla Biotech to supply MDMA for clinical trials. PharmAla focuses on non-U.S. markets and plans physician education for MDMA use in PTSD and other mental health conditions.
manmonthly.com.au
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Aurora Biosynthetics launch set to revolutionise RNA Therapeutics

Aurora Biosynthetics, a RNA therapeutics manufacturer, launches in the Asia-Pacific region with support from the NSW Government. The company offers comprehensive RNA manufacturing capabilities, including GMP plasmid, RNA, and lipid nanoparticle production, and fill-finish services. Located at Macquarie University, Aurora aims to meet the growing demand for RNA therapeutics, leveraging Australia's R&D tax credits to attract global clients.
bioworld.com
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Regulatory actions for Sept. 19, 2024

Regulatory snapshots: global drug submissions, approvals, clinical trial approvals, and other decisions involving Accord, Applied, Astrazeneca, Azitra, Briacell, Glycomine, Imcheck, Merck, Moderna, Nicox, Novartis, Valneva.
biopharmadive.com
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Xofluza reduces flu transmission in Phase 3 study

Roche's Xofluza reduced flu transmission in households in a Phase 3 study, marking the first time an antiviral has shown such efficacy in a global trial. The study involved over 4,000 participants aged 5-64, with no new safety concerns identified. Full data will be presented at an upcoming medical meeting.
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