Novo to Pay Up to $600 Million in Latest Obesity R&D Deal [BNN Bloomberg (Canada)]
Moderna, Inc. (MRNA)
Last moderna, inc. earnings: 2/26 07:00 am
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Source: BNN Bloomberg
The project with Metaphore Biotechnologies aims to develop up to two medicines, the companies said on Thursday. Metaphore uses machine learning in an attempt to mimic interactions between molecules, Uli Stilz, head of the Novo Nordisk Bio Innovation Hub, said in the statement. Like Novo's other projects with Flagship, the venture capital firm behind US vaccine maker Moderna Inc., the Metaphore partnership will focus on early research that's far from reaching patients. The Danish drugmaker is trying to broaden its pipeline of experimental medicines in order to fend off rivals in the fast-growing field of obesity drugs. Obesity is becoming a worldwide problem with more than 800 million adults living with the condition, and several drug companies are competing to come up with effective and durable medicines to treat the condition. Read More: Here Are the Obesity Drug Hopefuls Vying to Unseat Lilly, Novo Under the terms of the agreement, Novo may pay up to $600 million in upfront
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News
- Does AI Really Make Moderna Stock (NASDAQ:MRNA) a Buy? [Yahoo! Finance]Yahoo! Finance
- Moderna wins COVID shot patent case against Pfizer-BioNTech in Europe [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- European Patent Office Sides with Moderna In COVID-19 Vaccine Patent Dispute With Pfizer/BioNTech [Yahoo! Finance]Yahoo! Finance
- Moderna vaccine patent upheld by European Patent Office: report [Seeking Alpha]Seeking Alpha
- Moderna, Inc. (NASDAQ: MRNA) was upgraded by analysts at Evercore ISI to a "hold" rating.MarketBeat
MRNA
Earnings
- 5/2/24 - Beat
MRNA
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- MRNA's page on the SEC website