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0 0.00157232704402518 0 -0.00628930817610061 0.0012578616352201 -0.00283018867924528 0.00943396226415097 0.00817610062893087
Stock impact report

Moderna: A $12 Billion Brand Built On Hope And mRNA [Seeking Alpha]

Moderna, Inc. (MRNA) 
Last moderna, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: marinabio.com/investor-relations
Company Research Source: Seeking Alpha
SummaryModerna is the leader in mRNA therapeutics.The company is cash rich, and it has a diverse pipeline and strong IP.However, until there's actual late stage clinical data, things are iffy at current valuation.Moderna (MRNAmapMost of the biotech investing rules I follow tell me Moderna is an absolute avoid. One, a $12bn market valuation based on a pipeline of near 20 candidates. These are based on a single all-curing drug platform. Not a single drug candidate is beyond phase 2. Two, the current price of the one-year old IPO is at 52-week and all time highs based on a fear and hope around a sudden pandemic like coronavirus. Three, a corollary of point one, there is little phase 2 efficacy data anywhere, therefore the platform, however promising, is absolutely unproven. However, on the other hand, another critical business rule I also follow is "follow the cash," and this early stage biopharma has $2bn of it. This is more cash than the entire current market cap of a company like Amar Show less Read more
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