BioCentury on BioBusiness,
How big AstraZeneca deal allows Moderna to scale up mRNA platform
Monday, March 25, 2013
In the richest upfront deal for
early stage technology since the blockbuster Abbott-Reata partnership in 2011, AstraZeneca
plc has provided Moderna
Therapeutics Inc. with enough
cash to mature the biotech's therapeutic mRNA technology and begin to develop
its own clinical programs.
The pharma gets access to
research programs in a new therapeutic modality that could address previously
inaccessible targets, with potentially shorter development timelines and lower
manufacturing costs than recombinant protein therapeutics.
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