NasdaqGS:MRNABiotechs
Moderna (MRNA) Is Down 5.7% After Costly LNP Settlement And Multi-Pathogen Trial Update - Has The Bull Case Changed?
In early March 2026, Genevant Sciences and Arbutus Biopharma reached a global settlement with Moderna over alleged unauthorized use of LNP delivery technology in its COVID-19 vaccines, with Moderna agreeing to pay US$950 million upfront in July 2026 and up to an additional US$1.30 billion depending on a future appellate ruling, while also receiving a global non-exclusive license for infectious disease applications.
Around the same time, Moderna reported completion of a key Phase 1...