Moderna Therapeutics

Overview

Investments: 1 Investment in 1 Company
Total Equity Funding: $1.1B in 5 Rounds from 7 Investors
Headquarters: Cambridge, MA
Description: Moderna Therapeutics develops messenger RNA therapeutics that produces human proteins for antibodies inside patient cells.
Founders: Noubar Afeyan, Stephane Bancel, Robert Langer
Categories: Health Care, Genetics, Biotechnology, Medical
Website: http://www.modernatx.com

Company Details

Founded: 2010
Contact: info@modernatx.com | 6175485422
Employees: 101 – 250 | 11 in Crunchbase

Moderna is pioneering messenger RNA therapeutics™, an entirely new in vivo drug modality that produces human proteins or antibodies inside patient cells, which are in turn active intracellularly or secreted. This breakthrough platform addresses currently undruggable targets, and offers a superior alternative to existing drug modalities for a wide range of disease conditions.

Moderna has developed a broad intellectual property estate including more than 250 patent applications covering novel nucleotide chemistries and drug compositions. The company plans to develop and commercialize its innovative mRNA drugs through a combination of strategic relationships as well as new formed ventures.

Founded in late 2010 by Flagship VentureLabs, Cambridge-based Moderna is privately held and currently has strategic agreements with AstraZeneca and Alexion Pharmaceuticals.