Globe Newswire 7-Dec-2018 1:54 PM
NEW YORK, Dec. 07, 2018 (GLOBE NEWSWIRE) -- Moderna, Inc. (NASDAQ:MRNA), a clinical stage biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines to create a new generation of transformative medicines for patients, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on the Nasdaq Stock Market.
Moderna is a leader in the development of mRNA medicines, a new class of drugs that directs the body's cells to produce proteins that have the potential to prevent, treat or cure disease. The company has a pipeline of 21 development candidates, including 10 programs currently in clinical trials. These programs span diverse areas such as cancer, infectious disease, cardiovascular disease and rare genetic disorders. Moderna has both solely controlled programs and strategic collaborations with leading pharmaceutical companies including AstraZeneca and Merck, global non-profit organizations and government agencies.
"We believe this milestone will further enable us to advance our pipeline of investigational mRNA medicines to improve the lives of people with serious diseases," said Stéphane Bancel, Chief Executive Officer of Moderna. "We set out to build a platform that would enable us to optimize the full potential of mRNA and develop novel vaccines and therapies. I am proud of our team and their relentless drive to expand the frontiers of mRNA science and create a potential new category of medicines for patients."
"Moderna's deep commitment to mRNA discovery, research and development, supported by its team of world-class scientists and researchers and its state-of the art technology platform and infrastructure, sets them apart as an industry leader within the biotechnology sector," said Nelson Griggs, President, Nasdaq Stock Exchange. "We are excited to welcome Moderna to the Nasdaq Stock Exchange and look forward to supporting the company's commitment to developing transformative medicines for patients around the world."
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/63bc1237-3bf3-4ac4-99b0-6c07b738e939
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