Moderna's stock surged nearly 100% as their mRNA cancer vaccine, developed in partnership with Merck, demonstrated a significant delay in melanoma recurrence in a Phase 3 trial. The companies plan to submit the data to the FDA for potential approval.
Melanoma was slower to recur in patients receiving Merck and Moderna's mRNA vaccine with Keytruda, supporting use of the combination in adjuvant treatment. The partners plan to take the data to the FDA.
Original title: “Moderna stock nearly doubles as Merck-partnered mRNA cancer vaccine meets Phase 3 goal”