Merck & Co., Inc. will pay Moderna, Inc. $250m upfront to exercise an option to jointly develop and commercialize a mRNA-based personalized cancer vaccine (PCV), bringing the total investment on the program so far to $450m and breathing new life into the PCV field.
The mRNA program is currently in Phase II clinical development in combination with Merck's PD-1 inhibitor Keytruda (pembrolizumab) for the...








