Moderna Inc. announced a strategic collaboration agreement with Recordati to advance the investigational propionic acidemia therapeutic, mRNA-3927, through the final stages of clinical development and, pending approval, global commercialization. Under the terms of the agreement, Moderna will receive an upfront payment of $50 million and up to an additional $110 million in near-term development and regulatory milestones, as well as commercial and sales milestones and tiered royalties on net sales. Moderna will continue to lead the clinical development and manufacturing of mRNA-3927, while Recordati will be responsible for commercialization. The transaction is subject to customary closing conditions, including U.S. antitrust clearance, which is expected within 30 days of filing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Moderna Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1131729) on January 29, 2026, and is solely responsible for the information contained therein.
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