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Moderna Shares Rise 4.5% Ahead of Melanoma Trial Results

Moderna Shares Rise 4.5% Ahead of Melanoma Trial Results

Photo: TokenPost

Moderna shares closed up 4.51% Thursday at $236.50, nine days before the scheduled presentation of detailed Phase 3 results for its personalized melanoma treatment with Merck. The stock gained $10.20 from its previous close of $226.30. Moderna had also reached a 52-week high on Oct. 9, when its shares rose just over 14% to close at $225 in a previous session . The INTerpath-001 trial tested intismeran autogene, also known as V940 or mRNA-4157, with pembrolizumab (Keytruda) after surgery in patients with completely resected stage IIB-IV melanoma. The investigational mRNA treatment is individualized using mutations found in each patient’s tumor.

Source: TokenPost

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