Moderna Stocks List
Related Industries: Biotechnology
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
GERM | F | ETFMG Treatments Testing and Advancements ETF | 7.08 | |
BBH | C | Market Vectors Biotech ETF | 5.34 | |
IDNA | C | iShares Genomics Immunology and Healthcare ETF | 4.81 | |
GNOM | D | Global X Genomics & Biotechnology ETF | 4.59 | |
IBBQ | D | Invesco Nasdaq Biotechnology ETF | 4.11 |
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- Moderna
Moderna is an American biotechnology company based in Cambridge, Massachusetts. It focuses on drug discovery, drug development, and vaccine technologies based exclusively on messenger RNA (mRNA).Moderna's technology platform inserts synthetic nucleoside-modified mRNA (modRNA) into human cells. This mRNA then reprograms the cells to prompt immune responses. It is a novel technique, previously abandoned due to the side effects of inserting mRNA into cells. As of November 2020, the Moderna COVID-19 vaccine candidate, mRNA-1273, had shown preliminary evidence of 94% efficacy in preventing COVID-19 disease in a Phase III trial, with only minor flu-like side effects. This led to its submission for emergency use authorization in Europe, the United States, and Canada.
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