Moderna's Stock Soars 4% on Breakthroughs in Cancer and RSV Vaccines

June 4, 2024
Moderna's Stock Soars 4% on Breakthroughs in Cancer and RSV Vaccines
  • US pharmaceutical company Moderna, in partnership with Merck, saw a 4% stock increase following positive results from a phase-2b trial combining their mRNA-4157 cancer vaccine with Merck's Keytruda for late-stage melanoma.

  • The trial, involving 157 high-risk melanoma patients, demonstrated a 49% reduction in cancer recurrence and a 62% decrease in metastasis compared to Keytruda alone.

  • Moderna's mRNA technology is also showing promise in trials for lung cancer patients.

  • The FDA has approved Moderna's mRESVIA mRNA vaccine for adults aged 60 and older to prevent RSV, making it the third RSV vaccine approved in the past year.

  • The single-dose shot showed high efficacy in the phase 3 ConquerRSV trial, with an 83.7% efficacy against RSV lower respiratory tract disease.

  • Common side effects of the mRESVIA vaccine include injection site pain, fatigue, and headache.

  • Moderna plans to make mRESVIA available in the US for the 2024-2025 respiratory virus season, further cementing their commitment to advancing healthcare beyond Covid.

Summary based on 8 sources


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