Moderna
The investigators who spoke on.
Moderna. As ordinary investors piled in two insiders. Moderna is an american biotechnology company focused on drug discovery drug development and vaccine technologies based exclusively on messenger rna mrna. Moderna stock tumbled monday after an analyst suggested the coronavirus vaccine maker is overvalued. Jpmorgan chase analyst cory kasimov acknowledged modernas rapid development of a.
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. During a recent conference call to discuss. Modernas vaccine is the first to be tested in the u. Moderna was by far the smallest of the seven drugmakers in this meeting.
Modernas stock price skyrocketed as much as 30 on monday after the biotech company announced promising early results for its coronavirus vaccine. Moderna therapeutics is pioneering a new class of drugs messenger rna therapeutics with the vast potential to treat many diseases across a range of drug modalities and therapeutic areas. Until recently moderna was best known although not really well known for another mrna vaccine. We believe mrna is the software of life every cell in the body uses mrna to provide real time instructions to make the proteins necessary to drive all aspects of biology including in human health and disease.
The moderna technology platform is to insert synthetic mrna into living cells that would reprogram the cells to develop immune responses rather than being created externally and injected. Moderna is working with the national institute of allergy and infectious diseases to develop among the first experimental coronavirus vaccines.