Moderna and Merck shares soar on mRNA cancer vaccine
Moderna and Merck shares soared on Wednesday after the companies said a personalized mRNA treatment hit its target of preventing skin cancer from recurring or spreading in a late-stage clinical trial. Why it matters: The results come at a pivotal moment for Moderna and mRNA…
Moderna and Merck shares soared on Wednesday after the companies said a personalized mRNA treatment hit its target of preventing skin cancer from recurring or spreading in a late-stage clinical trial. Why it matters: The results come at a pivotal moment for Moderna and mRNA…
BELLINGS Intelligence Score: 10
Why it matters
The announcement of positive clinical trial results for an mRNA cancer vaccine is a significant biotech development but does not directly impact credit markets, borrowing costs, or credit availability for the readership.
Sources
Axios
Moderna and Merck shares soar on mRNA cancer vaccine
Moderna and Merck shares soared on Wednesday after the companies said a personalized mRNA treatment hit its target of preventing skin cancer from recurring or spreading in a late-stage clinical trial. Why it matters: The results come at a pivotal moment for Moderna and mRNA…