ThePrivil
08-21 02:25

What a victory for $Moderna, Inc.(MRNA)$ !

Hopefully will Medicare & Healthcare associated costs will be affordable.

Moderna Doubles in a Day on mRNA Cancer Vaccine Data — Still Chaseable?
Moderna +176.97% to $174.38; Merck +12.60%. Their personalized mRNA cancer vaccine intismeran autogene plus Keytruda hit both survival endpoints in the Phase 3 INTerpath-001 melanoma trial — the platform's first Phase 3 oncology win. BofA took its target to $170 from $40, yet the 23-analyst consensus is still Hold at $78.78, most models unrevised. Shorts lost an estimated $4.8bn. Against that: full data unpublished, LTM revenue $2.23bn and falling 27.6%. Chase the platform, buy Merck for the royalty, or wait for the data?
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Comments

  • IreneWells
    08-21 08:22
    IreneWells
    Big win, but Pfizer and BioNTech are not standing still. Long term share probably gets messier once those pipelines catch up
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