Moderna to raise US$604m in upsized IPO, braving market jitters
09 Décembre, 2018, 20:57 | Auteur: Auguste Feret
Just last week in its S-1/A amended registration statement, Moderna predicted it would sell 21,739,131 shares, even as it registered an even 25 million shares-a figure that included 3,260,869 shares that the IPO's underwriters had an option to purchase.
Uma Thurman avec les "gilets jaunes"
L'actrice américaine Uma Thurman a publié sur son Instagram une photo d'elle posant devant les Gilets jaunes à Paris. Cette fois-ci, elle n'a toutefois pas mis sa fameuse combinaison jaune du film Kill Bill.
Cambridge, Massachusetts-based Moderna, one of the most highly valued startups in health care, is trying to develop a new kind of drug and vaccine using the body's own cellular machinery to protect against or even fight off disease.
The company is focused on discovery and development of messenger RNA, or mRNA, therapeutics and vaccines created to direct the body's cells to produce intracellular or secreted proteins with a therapeutic or preventive benefit. According to Moderna, its "approach is to use mRNA medicines to instruct a patient's own cells to produce proteins that could prevent, treat, or cure disease". As of September 30, it had raised $1.8 billion in equity and $800 million through partnerships with companies like AstraZeneca, Merck & Co., Vertex, Alexion and others, according to the S-1 filing.
Morgan Stanley & Co LLC, Goldman Sachs & Co LLC and J.P. Morgan Securities LLC are among the lead underwriting banks for Moderna's IPO. The company is years away from actual product sales, but Moderna now depends on revenue from grants and its collaborations with other companies, which totaled just over $200 million.
The company was founded in 2009 and now has 21 drug and vaccine research programs, including 10 being tested in humans. Also in Phase I development are a mRNA-4157, a PCV-targeting cancer vaccine for solid tumors partnered with Merck & Co., and an OX40L-targeting drug, mRNA-2416, for which Moderna retains global rights for development in solid tumors and lymphoma. The company as a whole is valued at around $7.5 billion as a result.
More IPOs of big, unlisted technology companies are expected.
Despite the long odds, Beckham tried to motivate the team, saying he wanted the Giants to play spoiler down the stretch. At 4-8, the team would have to win out and get some help in order to appear in the playoffs.
According to Stats Canada, the unemployment rate in Kamloops dropped from 5.4 per cent in October to 4.3 per cent in November. Canada added 94,100 net jobs for its largest monthly increase since March 2012 when there was a gain of 94,000 jobs.
Si la qualité du son Bose ne se discute pas, le système proposé dans les Frames (c'est le nom du gadget) fait encore mieux. Les Frames sont disponibles en deux versions: une version avec la forme carrée et une version avec la forme arrondie.
I don't want to get everyone wild talking about it", she clarified, adding that she is still " excited " at the possibility. I think that she was so important to girls at a very important time in their lives.
He was booked into the Johnson County Law Enforcement Center. "I got really verbal with them over it", she added. Police in Texas say they arrested a 31-year-old protester who told children that Santa Claus was not real.
"Merry Christmas and God Bless You!" Kid Rock paid off the balances of 350 layaway accounts at a Walmart store in Nashville . Rock reportedly called the store Friday and set the payment up and his manager made the payments at the store later that day.
Le trailer des Game Awards est là — Anthem
Anthem a lui aussi profité de l'édition 2018 des Game Awards pour remontrer le bout de ses pixels qui gigotent par le biais d'un nouveau trailer posant l'ambiance du jeu.