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Analysis-Moderna, Merck breakthrough could usher in wave of cancer vaccines
Reuters36d agobullish
Analysis-Moderna, Merck breakthrough could usher in wave of cancer vaccines

CHICAGO, Aug 19 () - Merck and Moderna's success with a personalized cancer vaccine designed to keep melanoma at bay opens a new avenue of treatment that doctors hope will work against many types of tumors. Unlike chemotherapy, which kills both healthy and cancerous cells, or immunotherapy, which revs up the immune system, personalized cancer ‌vaccines train the immune system to specifically target mutations found only on a person's tumor.

Moderna Stock Soars on Cancer Vaccine Success
The Wall Street Journal37d agobullish
Moderna Stock Soars on Cancer Vaccine Success

1. Moderna shares more than doubled after it reported successful results in an experimental mRNA-based cancer vaccine. The company and its partner Merck reported this morning that the vaccine succeeded in preventing cancer from coming back or spreading in a study of high-risk melanoma patients. The positive results sent Moderna’s share price soaring and rippled through drug industry stocks as investors saw the potential for more future blockbusters.

Bitcoin Rises Above $68,000, Crypto Stocks Surge
The Wall Street Journal37d agobullish
Bitcoin Rises Above $68,000, Crypto Stocks Surge

Bitcoin broke above $68,000 Wednesday, lifting shares of many crypto stocks as digital-currency leaders are scheduled to meet with President Trump in the White House this afternoon. The largest cryptocurrency gained about 6% and recently traded around $68,500, its largest percentage increase since March.

Moderna Surges on Cancer Vaccine; Estee Lauder Rallies on Earnings | Stock Movers
Bloomberg37d agobullishVIDEO
Moderna Surges on Cancer Vaccine; Estee Lauder Rallies on Earnings | Stock Movers

On this episode of Stock Movers: - Shares of Moderna (MRNA) surged by a record 101% - the stock's biggest intraday gain on record - after the biotech said a personalized cancer vaccine combined with partner Merck & Co.'s Keytruda helped cut the recurrence of melanoma in a large, late-stage trial. The study also met a key secondary goal of showing the shot could help prevent tumors from spreading to new areas of the body, the companies said in a statement Wednesday. - Shares of Estee Lauder (EL) rallied after the beauty company's adjusted earnings per share and sales metrics topped consensus expectations for the fourth quarter. The midpoint of fiscal 2027 organic sales and adjusted EPS guidance ranges are above Street views. - Shares of La-Z-Boy (LZB) tumbled at the open after the furniture maker's forecast sales for the second quarter missed the average analyst estimate.

Moderna shares surge after it says its experimental mRNA cancer treatment passed a key test
Associated Press37d agobullish
Moderna shares surge after it says its experimental mRNA cancer treatment passed a key test

Moderna shares more than doubled Wednesday after it announced initial results from a study of an experimental cancer treatment that would be the first of its kind if approved by regulators. Moderna and Merck are developing a treatment using an mRNA-based cancer vaccine called intismeran that is designed to be tailored to individual patients based on unique mutations within their tumors. In current studies, they are pairing it with Keytruda, a immunotherapy drug made by Merck.