Moderna. Moderna was by far the smallest of the seven drugmakers in this meeting. The investigators who spoke on. Modernas stock price skyrocketed as much as 30 on monday after the biotech company announced promising early results for its coronavirus vaccine. Moderna is an american biotechnology company focused on drug discovery drug development and vaccine technologies based exclusively on messenger rna mrna.
Modernas vaccine is the first to be tested in the u. It is headquartered in cambridge massachusetts. Jpmorgan chase analyst cory kasimov acknowledged modernas rapid development of a. A covid 19 vaccine developed by the biotechnology company moderna in partnership with the national institutes of health has been found to induce immune responses in all of the volunteers who.
Moderna is making changes to the trial plan called a protocol which has pushed back the expected start date of the phase 3 study according to investigators. Moderna stock tumbled monday after an analyst suggested the coronavirus vaccine maker is overvalued. Mrna is the latest drugmaker to begin manufacturing millions of doses of its still experimental vaccine mrna 1273 at risk. Moderna is working with the national institute of allergy and infectious diseases to develop among the first experimental coronavirus vaccines.
During a recent conference call to discuss. Until recently moderna was best known although not really well known for another mrna vaccine.