Does Moderna's mRNA Flu Shot Face a New Challenge From GSK?

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    "url": "https://www.theglobeandmail.com/investing/markets/stocks/MRNA/pressreleases/4429988/does-modernas-mrna-flu-shot-face-a-new-challenge-from-gsk/",
    "title": "Does Moderna's mRNA Flu Shot Face a New Challenge From GSK? - The Globe and Mail",
    "excerpt": "Moderna MRNA recently secured FDA approval for mFlusiva, the first mRNA-based seasonal flu vaccine. The decision is a significant milestone for the company, which gets an opportunity to establish a foothold in another multibillion-dollar market while further diversifying its revenue base beyond COVID-19 vaccines. However, even before Moderna has had much time to establish its newly approved vaccine in the market, a new competitive challenge has emerged. GSK plc GSK recently announced plans to advance its investigational mRNA-based flu vaccine into late-stage development later this month, following positive phase II study results . Moderna has recently undergone a significant shift in investor sentiment following the positive late-stage results for its personalized mRNA cancer therapy developed with partner Merck MRK . The results have helped reinforce the potential of Moderna’s mRNA technology beyond infectious diseases, particularly oncology, providing another indication that the platform could support growth across multiple therapeutic areas. GSK’s decision to advance an mRNA-based flu vaccine into phase III development could also be viewed as another sign that large pharmaceutical companies increasingly see mRNA as a viable next-generation technology. Rather than being viewed solely as a competitive development, GSK’s investment in the technology could further strengthen...",
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    "article_sentence": "Moderna MRNA recently secured FDA approval for mFlusiva, the first mRNA-based seasonal flu vaccine."
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