Moderna shares double after experimental mRNA cancer treatment passes key test
Moderna shares surged more than double on Wednesday following positive results from a study of an experimental mRNA cancer treatment. The innovative therapy, called intismeran, is being co-developed by Moderna and Merck. Unlike traditional cancer vaccines, intismeran is tailored to each patient's unique tumor mutations. In ongoing trials, the combined treatment of intismeran with Merck's Keytruda immunotherapy showed significantly better outcomes compared to Keytruda alone in melanoma patients.
The experimental combination resulted in extended survival rates without cancer recurrence or metastasis.
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