Moderna sitting pretty on mRNA cancer breakthrough

13 December 2022

Shares in Moderna (Nasdaq: MRNA) were up by nearly a quarter at lunchtime Tuesday.

The US mRNA specialist had just announced a major cancer breakthrough alongside pharma partner Merck & Co (NYSE: MRK), which itself was trading more than 1% higher at the same moment.

They revealed that the success of the Phase IIb KEYNOTE-942/mRNA-4157-P201 trial of mRNA- 4157/V940, an investigational personalized mRNA cancer vaccine, in combination with Merck’s anti-PD-1 therapy, Keytruda (pembrolizumab).

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