ARTICLE | Financial News
At $500M, Moderna files to raise record IPO
November 10, 2018 1:39 AM UTC
mRNA company Moderna Therapeutics Inc. (Cambridge, Mass.) filed to raise $500 million in an IPO on NASDAQ, which would mark the largest IPO on the exchange for a development stage biotech.
Flagship Pioneering launched Moderna in 2010 to develop synthetic mRNA therapies and the company has since raised $1.8 billion in equity. ...