Merck and Moderna Announce Exercise of Option by Merck for Joint Development and Commercialization of Investigational Personalized Cancer Vaccine

Companies on track to report data from the ongoing Phase 2 trial of mRNA-4157/V940 in combination with KEYTRUDA® as adjuvant therapy in high-risk melanoma in 4Q 2022

Moderna,Inc.( Nasdaq MRNA), a biotechnology company introducing runner RNA( mRNA) rectifiers and vaccines, and Merck( NYSEMRK), known as MSD outside of the United States and Canada, moment blazoned that Merck has exercised its option to concertedly develop and manipulate individualized cancer vaccine( PCV) mRNA- 4157/ V940 pursuant to the terms of its being Collaboration and License Agreement. mRNA- 4157/ V940 is presently being estimated in combination with KEYTRUDA, Merck’santi-PD-1 remedy, as adjuvant treatment for cases with high- threat carcinoma in a Phase 2 clinical trial being conducted by Moderna.

“ We’ve been uniting with Merck on PCVs since 2016, and together we’ve made significant progress in advancing mRNA- 4157 as an investigational individualized cancer treatment used in combination with KEYTRUDA, ” said Stephen Hoge,M.D., President of Moderna. “ With data anticipated this quarter on PCV, we continue to be agitated about the future and the impact mRNA can have as a new treatment paradigm in the operation of cancer. Continuing our strategic alliance with Merck is an important corner as we continue to grow our mRNA platform with promising clinical programs in multiple remedial areas. ”
Under the agreement, firstly established in 2016 and amended in 2018, Merck will pay Moderna$ 250 million to exercise its option for individualized cancer vaccines including mRNA- 4157/ V940 and will unite on development and commercialization. The payment will be expensed by Merck in the third quarter of 2022 and included in itsnon-GAAP results. Merck and Moderna will partake costs and any gains inversely under this worldwide collaboration.

“ This long- term collaboration combining Merck’s moxie in immuno- oncology with Moderna’s pioneering mRNA technology has yielded a new acclimatized vaccine approach, ” saidDr. Eliav Barr, elderly vice chairman and head of global clinical development, principal medical officer, Merck Research Laboratories. “ We look forward to working with our associates at Moderna to advance mRNA- 4157/ V940 in combination with KEYTRUDA as it aligns with our strategy to impact early- stage complaint. ”
About mRNA- 4157/ V940

individualized cancer vaccines are designed to high the vulnerable system so that a case can induce a acclimatized antitumor response to their excrescence mutation hand to treat their cancer. mRNA- 4157/ V940 is designed to stimulate an vulnerable response by generating T cell responses grounded on the mutational hand of a case’s excrescence.
About KEYNOTE- 942( NCT03897881)

KEYNOTE- 942 is an ongoing randomized, open- marker Phase 2 trial that enrolled 157 cases with high- threat carcinoma. Following complete surgical resection, cases were randomized to mRNA- 4157/ V940( 9 boluses every three weeks) and KEYTRUDA( 200 mg every three weeks) versus KEYTRUDA alone for roughly one time until complaint rush or inferior toxin. KEYTRUDA was named as the comparator in the trial because it’s considered a standard of care for high- threat carcinoma cases. The primary endpoint is rush-free survival, and secondary endpoints include distant metastasis-free survival and overall survival. The Phase 2 trial is completely enrolled and primary data are anticipated in the fourth quarter of 2022.
About Merck

At Merck, known as MSD outside of the United States and Canada, we’re unified around our purpose We use the power of leading- edge wisdom to save and ameliorate lives around the world. For further than 130 times, we’ve brought stopgap to humanity through the development of important drugs and vaccines. We aspire to be the premier exploration- ferocious biopharmaceutical company in the world – and moment, we’re at the van of exploration to deliver innovative health results that advance the forestallment and treatment of conditions in people and creatures. We foster a different and inclusive global pool and operate responsibly every day to enable a safe, sustainable and healthy future for all people and communities. For further information, and connect with us on Twitter, Facebook, Instagram, YouTube and LinkedIn.
About Moderna

In over 10 times since its commencement, Moderna has converted from a exploration- stage company advancing programs in the field of runner RNA( mRNA), to an enterprise with a different clinical portfolio of vaccines and rectifiers across seven modalities, a broad intellectual property portfolio in areas including mRNA and lipid nanoparticle expression, and an integrated manufacturing factory that allows for rapid-fire clinical and marketable product at scale. Moderna maintains alliances with a broad range of domestic and overseas government and marketable collaborators, which has allowed for the pursuit of both groundbreaking wisdom and rapid-fire scaling of manufacturing. Most lately, Moderna’s capabilities have come together to allow the authorized use and blessing of one of the foremost and most effective vaccines against the COVID- 19 epidemic.

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