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Gates Foundation bets big on Moderna’s mRNA technology

Grant will provide support for GLP toxicology studies, preparations for clinical trials and a Phase 1 study
Written byZack Anchors
| 3 min read

CAMBRIDGE, Mass.—A year after it attracted the largest private financing round ever for a biotechnology company, Moderna Therapuetics is receiving another major show of support for its messenger RNA (mRNA) technology. The Bill & Melinda Gates Foundation has announced a $20-million grant to Moderna to advance the development of an affordable mRNA-based cocktail of antibody therapeutics to help prevent human immunodeficiency virus (HIV) infection. The development efforts will be led by Valera, Moderna’s year-old infectious disease-focused subsidiary.

Stéphane Bancel, CEO of Moderna, tells DDNews that the Gates Foundation grant will provide support for GLP toxicology studies, preparations for clinical trials and a Phase 1 study. “We are honored that the Bill & Melinda Gates Foundation has selected Moderna as a partner, recognizing the tremendous potential of our mRNA drug platform to address some of the world’s most widespread and urgent health concerns,” he says.

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