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Moderna - MRNA STOCK NEWS

Welcome to our dedicated page for Moderna news (Ticker: MRNA), a resource for investors and traders seeking the latest updates and insights on Moderna stock.

Moderna, Inc. (NASDAQ: MRNA) is a cutting-edge biotech company based in Cambridge, Massachusetts, founded in 2010. Moderna is at the forefront of pioneering messenger RNA therapeutics™, a revolutionary class of drugs that utilize mRNA technology to direct cells to produce proteins that can fight diseases. This innovative approach has shown promise in addressing targets that were previously considered untreatable with traditional drugs.

With over 200 patent applications and more than 10,000 claims, Moderna has a robust intellectual property portfolio that includes novel nucleotide chemistries and specific drug compositions. The company has successfully developed and commercialized several mRNA-based drugs, initially focusing on rare diseases and oncology, while partnering to advance drug candidates in other therapeutic areas.

Moderna’s mRNA technology gained global recognition with its COVID-19 vaccine, Spikevax®, which was one of the earliest vaccines to receive emergency use authorization in the United States in December 2020. As of mid-2023, Moderna had 39 mRNA development candidates in clinical trials, covering a wide range of therapeutic areas such as infectious diseases, oncology, cardiovascular diseases, and rare genetic disorders.

Some of Moderna's recent achievements include the advancement of three new vaccine programs—targeting Epstein-Barr virus, Varicella-Zoster virus, and norovirus—towards Phase 3 clinical trials. Additionally, the company initiated three new clinical studies combining its investigational individualized neoantigen therapy with Merck’s Keytruda® for treating various cancers.

Financially, Moderna reported first-quarter revenues of $167 million in 2024, with a GAAP net loss of $1.2 billion. Despite the decline in COVID-19 vaccine sales, the company reaffirms its 2024 expected product sales of approximately $4 billion. Moderna is preparing for the launches of its RSV vaccine and the Spikevax® 2024-2025 formula, demonstrating its commitment to fighting respiratory illnesses.

Moderna continues to focus on innovation and operational efficiency, utilizing AI technologies to enhance productivity. The company's long-term vision includes leveraging its mRNA platform to develop therapeutics and vaccines for infectious diseases, immuno-oncology, rare diseases, and autoimmune diseases, striving to make a significant impact on global health.

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Moderna (NASDAQ:MRNA) announced a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use (CHMP) recommending a booster dose of Spikevax for adolescents aged 12-17, to be administered at 50 µg at least three months after the primary series. This recommendation aims to enhance protection against COVID-19 and variants such as Omicron. The decision is based on comprehensive safety data and is pending final authorization from the European Commission.

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Moderna, Inc. (NASDAQ:MRNA) has received provisional approval from Australia's Therapeutic Goods Administration (TGA) for its mRNA COVID-19 vaccine, Spikevax, for children aged 6 months to five years. This approval allows vaccination in a previously ineligible age group, enhancing public health measures against COVID-19. The decision follows positive interim results from the Phase 2/3 KidCOVE study, showing robust neutralizing antibody responses and favorable safety profiles. Moderna aims to collaborate with the Australian government for effective implementation of the vaccination program.

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Moderna, Inc. (NASDAQ:MRNA) announced that Health Canada has approved the use of its mRNA COVID-19 vaccine, SPIKEVAX, for children aged 6 months to 5 years. This two-dose series, with each dose at 25 µg, is completed over one month, similar to adults' vaccination schedules. Positive interim results from the KidCOVE study indicated that antibody responses in young children were comparable to adults, demonstrating effective vaccine safety and efficacy against the Omicron variant. This marks a crucial step in vaccinating a previously unprotected age group.

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Moderna (NASDAQ:MRNA) announced a live conference call on August 3, 2022, at 8:00 a.m. ET to discuss its second quarter 2022 financial results and provide a corporate update. Investors can access the call via telephone or webcast through the company's website. This event will include insights into Moderna's ongoing advancements in mRNA therapeutics and the development of vaccines against infectious diseases, including COVID-19. An archived version of the call will be available shortly after its conclusion.

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Moderna has initiated a Phase 1 trial for its mRNA vaccine candidate, mRNA-1215, targeting the Nipah virus, a deadly pathogen with pandemic potential. This trial, conducted in collaboration with the National Institute of Allergy and Infectious Diseases, will assess the vaccine's safety and immunogenicity in healthy adults. Nipah virus has a high mortality rate of 40%-75% and poses significant health risks globally, prompting urgency in vaccine development. Moderna aims to advance 15 vaccine programs by 2025, with mRNA-1215 being a key component of this commitment.

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Moderna's mRNA-1273.214 has shown significantly higher antibody responses against various COVID-19 variants, including Omicron subvariants BA.4 and BA.5, versus the current booster. The company has completed regulatory submissions in the EU, UK, and Australia, with more filings expected shortly. Additionally, Moderna is developing another bivalent candidate, mRNA-1273.222, following FDA guidance. Data indicates a geometric mean ratio of 1.69 for neutralizing titers and a 6.3-fold increase in BA.4/5 responses.

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Moderna, Inc. (NASDAQ:MRNA) announced promising results from its Phase 2/3 study on the bivalent COVID booster candidate, mRNA-1273.214. This booster demonstrated a greater than 5-fold increase in neutralizing antibodies against the Omicron subvariants BA.4 and BA.5 one month post-administration, showing a neutralizing GMT of 941 for all participants. The company plans to submit this data to regulators and prepare for supply in August, anticipating a rise in infections. The bivalent vaccine is considered essential for addressing the evolving SARS-CoV-2 variants.

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Moderna has announced a collaboration with the UK government to establish an mRNA Innovation and Technology Center. This facility aims to enhance access to domestically manufactured vaccines targeting respiratory viruses, including COVID-19 and seasonal influenza. Moderna plans to increase its R&D investments in the UK, supporting rapid pandemic responses as part of the UK’s '100 Days Mission'. A recent purchase agreement was made for 60 million doses of Moderna’s COVID-19 vaccine for delivery over 2022 and 2023.

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Moderna, Inc. has received emergency use authorization (EUA) from the FDA for its COVID-19 vaccine mRNA-1273 for children aged 6 months to 17 years. This vaccine is administered in two doses tailored for specific age groups, initiating protection as children return to school. The safety and efficacy data from clinical trials involving over 14,000 children show significant antibody responses and comparable efficacy to adults. The vaccine will be available at select sites, allowing millions of children to receive protection against COVID-19.

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Moderna has announced promising clinical data for its COVID-19 booster candidate, mRNA-1273.214, demonstrating an 8-fold increase in neutralizing geometric mean titers against the Omicron variant compared to the original vaccine. The study met all primary endpoints, confirming superior antibody response and safety profiles comparable to the original mRNA-1273. A regulatory submission is planned in the coming weeks to enable its use as a Fall booster. Moderna anticipates more durable protection against variants with this new bivalent candidate, marking a significant advancement in the fight against COVID-19.

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FAQ

What is the current stock price of Moderna (MRNA)?

The current stock price of Moderna (MRNA) is $35.53 as of February 21, 2025.

What is the market cap of Moderna (MRNA)?

The market cap of Moderna (MRNA) is approximately 13.0B.

What is Moderna’s core business?

Moderna is pioneering mRNA therapeutics and vaccines, focusing on using mRNA technology to direct cells to produce proteins that can treat a wide range of diseases.

What are some recent achievements of Moderna?

Moderna has advanced three new vaccine programs to Phase 3 clinical trials and initiated clinical studies combining individualized neoantigen therapy with Merck’s Keytruda®.

How did Moderna gain global recognition?

Moderna gained global recognition through its COVID-19 vaccine, Spikevax®, which was one of the earliest vaccines to receive emergency use authorization in the United States in December 2020.

What is Moderna’s financial outlook for 2024?

Despite a decline in COVID-19 vaccine sales, Moderna expects 2024 product sales to be approximately $4 billion and is preparing for the launches of its RSV vaccine and the Spikevax® 2024-2025 formula.

What is the significance of Moderna’s mRNA technology?

Moderna’s mRNA technology represents a breakthrough in treating previously untreatable targets and offers a superior alternative to existing drug modalities for a wide range of disease conditions.

Where is Moderna headquartered?

Moderna is headquartered in Cambridge, Massachusetts.

How many mRNA development candidates does Moderna have?

As of mid-2023, Moderna had 39 mRNA development candidates in clinical trials.

What areas does Moderna’s mRNA platform cover?

Moderna’s mRNA platform covers therapeutic areas such as infectious diseases, oncology, cardiovascular diseases, and rare genetic disorders.

How is Moderna enhancing its operations?

Moderna is enhancing its operations by utilizing AI technologies to streamline processes and increase productivity.

What is Moderna’s approach to partnerships?

Moderna partners with other companies to develop and commercialize mRNA drugs in various therapeutic areas, aiming to rapidly deliver innovative treatments to patients.
Moderna

Nasdaq:MRNA

MRNA Rankings

MRNA Stock Data

12.98B
347.88M
9.52%
69.66%
11.18%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
CAMBRIDGE