Moderna acquires option to license Generation Bio program

24 March 2023

Shares of Generation Bio (Nasdaq: GBIO) shot up 29% to $5.00 by close of trading on Thursday, following the news that it has entered into. into a strategic collaboration to combine mRNA) therapeutics and vaccines specialist Moderna’s (Nasdaq: MRNA) biological and technical expertise with core technologies of Generation Bio's non-viral genetic medicine platform.

Moderna, fresh out of defending future pricing of its COVID-19 vaccine at $130 per dose before US lawmakers edged up 1%.

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