Moderna and Merck said in early August that their personalized mRNA cancer vaccine hit its primary endpoint in a melanoma phase 3 trial.
Companies working on this
Profiles of the companies named in this story, with founding year, headquarters, and a short description from our database.
Moderna is a biotechnology company pioneering mRNA medicine, best known for its COVID-19 vaccine and a broad pipeline of mRNA-based therapeutics.
- Founded
- 2010
- Location
- Cambridge, United States
- Funding
- $4.5B
Moderna CEO Stephane Bancel walked through the result on the a16z podcast in August 2026, calling it the first working cancer vaccine after more than 20 years and over 1,000 failed trials.
What made mRNA work after a thousand failures?
Earlier cancer vaccines mostly used peptides or proteins made in bioreactors. Those molecules circulate in the blood and are seen from outside the immune cell.
Moderna argues its mRNA travels to lymph nodes, slips into antigen-presenting cells, and gets translated and presented from within. That changes how T cells learn.
The delivery is paired with full personalization. The company sequences the tumor against healthy tissue, picks 34 neoantigens with an algorithm, and finds that 90 percent of those antigens differ from patient to patient.
