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Messenger RNA specialist Moderna's R&D spend sunk by nearly a third last year, a drop attributed in part to the wind-...

Source: FierceBiotech - Biotech | Published: 2026-02-20T04:51:28.202138+00:00

Messenger RNA specialist Moderna's R&D spend sunk by nearly a third last year, a drop attributed in part to the wind-...

Moderna cut R&D spending by about 31% last year, citing the wind-down of major phase 3 respiratory trials.

Why it mattersModerna's 31% R&D cut after winding down phase 3 respiratory trials requires reassessing near-term funding timelines.

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