The collaboration between AstraZeneca and the money-magnet Moderna is giving its first steps. AstraZeneca is filing for authorization of a German Phase I trial, to assess an mRNA therapy for cardiometabolic diseases.
On the other side of the Atlantic, the also mRNA-focused Moderna Therapeutics has been very successful, as we discussed with CEO Bancel. It raised over $900M dollars in VC money. A key investor is Flagship Ventures, which has attracted AstraZeneca and other industry players.
In January, AstraZeneca struck a deal with Moderna to co-develop mRNA candidates in the clinical stage. The scope of the agreement included treatments for cardiovascular, metabolic and renal diseases as well as cancer.