CureVac Converts To Modified mRNA And Stock Soars

New CEO Incoming

CureVac, formerly a cheerleader of the unmodified mRNA approach, is embracing the modified version for its vaccine portfolio, a move that has gone down well with the investment community.

TUEBINGEN, GERMANY - NOVEMBER 21: (BILD ZEITUNG OUT) the Logo of Curevac is seen on a sign in front of the CUREVAC building on November 21, 2020 in Tuebingen, Germany.
• Source: Harry Langer/DeFodi Images via Getty Images (DeFodi Images/Getty Images)

After its anni horribiles of 2021 and 2022, CureVac NV has started 2023 well, with its shares soaring on promising early-stage data for its second-generation mRNA vaccines and news that Sanofi veteran Alexander Zehnder will take over as CEO in the spring.

The German biotech has come fast out of the blocks this year, announcing positive data on 6 January from its ongoing Phase I clinical programs partnered with GSK plc in COVID-19 and seasonal flu, assessing both mRNA modified and unmodified (which CureVac had previously focused on) technology

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