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Moderna Shares Surge After Positive Personalized Melanoma Trial Results

Moderna Shares Surge After Positive Personalized Melanoma Trial Results
Moderna Shares Surge on Cancer Trial Breakthrough · easterneye.biz

Moderna and Merck tested a special cancer treatment made for each person’s tumor.

The treatment uses mRNA to help the immune system recognize and attack cancer cells.

It was tested with Merck’s Keytruda drug in people with high-risk melanoma.

Their large trial met its main goals, including keeping the cancer from returning for longer.

It also delayed the spread of cancer in another measurement.

Investors liked the news, so Moderna’s shares rose sharply.

However, the companies have not shown all the trial data yet.

The treatment still needs approval and may be difficult and expensive to make for many people.

Key facts

Treatment
Intismeran, a personalized mRNA-based therapy designed around mutations in each patient’s tumor.
Trial stage
Phase 3, or late-stage clinical testing.
Participants
1,137 people with high-risk melanoma whose tumors had been surgically removed.
Trial results
The study met its main goal of extending the time before melanoma returned and a secondary goal involving cancer spread.
Moderna share move
Shares rose 177% to $174.38 on August 19.
Merck share move
Merck shares rose more than 12% after the results.
Next steps
Detailed findings will be presented later this year, followed by regulatory submissions; Moderna is targeting a US launch next year if approved.

Sources

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