Moderna, Inc. secured $750M funding from Blackstone Life Sciences to advance its influenza program.
03/27/24, 10:36 AM
Location
Money raised
$750 million
Industry
biopharma
biotechnology
health care
Investors
Blackstone Life Sciences
Blackstone Life Sciences has entered into a collaboration with Moderna, Inc., providing up to $750 million to fund Moderna’s influenza (“flu”) program. This financing aims to support Moderna in advancing a broad and diverse pipeline of mRNA medicines and launching multiple vaccine products in the next few years.