SignalEU/UK
Notable healthcare headlines for the week: Moderna, Roche, and Abbott Laboratories in focus
High-priority alert based on source significance and keyword relevance.
Context
What happened: Moderna shares fell after leaked data for its personalized cancer vaccine, intismeran autogene, developed with Merck, was released ahead of the ESMO Congress. Roche and Hansoh Pharma also announced a licensing deal for antibody-drug conjugates.
Key numbers: Moderna closed down more than 17% Thursday; Merck closed down about 2%.
Why it matters: TD Cowen's Tyler Van Buren said the distant metastasis results were less exceptional than those for recurrent-free survival. The Roche-Hansoh partnership is the second such deal between the companies in the ADC space.
Market: +1.2% today ($103.70), -15.5% YTD, 1.1x vol — as of 23:45 UTC
What changed
Moderna shares fell after leaked data for its personalized cancer vaccine, intismeran autogene, developed with Merck, was released ahead of the ESMO Congress. Roche and Hansoh Pharma also announced a licensing deal for antibody-drug conjugates.
Why it matters
TD Cowen's Tyler Van Buren said the distant metastasis results were less exceptional than those for recurrent-free survival. The Roche-Hansoh partnership is the second such deal between the companies in the ADC space.
Market: +1.2% today ($103.70), -15.5% YTD, 1.1x vol — as of 23:45 UTC