Moderna Inc

MRNA: XNAS (USA)

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Moderna: Litigation Settlement Removes Royalty Risk; We Still Estimate Breakeven by 2029

Karen Andersen

Mar 4, 2026

Moderna has entered into a global settlement with Genevant Sciences and Arbutus Biopharma related to the latter firms' lipid nanoparticle technology used in Moderna's covid vaccines. Moderna shares rose 15% in intraday trading on March 4.

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Moderna Inc

Moderna: Litigation Settlement Removes Royalty Risk; We Still Estimate Breakeven by 2029

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