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Moderna To Focus On Messenger RNA Approaches To Recreate Therapeutic Proteins

The latest biotech to emerge from Flagship Ventures’ incubator is Moderna, which plans to focus on rare diseases in-house while out-licensing its technology for larger indications.

Newly hatched Moderna Therapeutics, which will develop messenger RNA therapeutics for a variety of indications, introduced itself with the announcement of a $40 million financing Dec. 6. Flagship Ventures is leading the financing joined by what Moderna CEO Stephane Bancel referred to as “high-net-worth individuals interested in going after very disruptive innovation.”

Bancel, former CEO of BioMerieux Inc

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