Stéphane Bancel, Moderna CEO (Endpoints JPM20/Jeff Rumans)

Mod­er­na's flu da­ta of­fer a clear les­son: mR­NA is­n't mag­ic

Last fall, as their Covid-19 vac­cine crossed the fin­ish line, Mod­er­na un­veiled plans to take its new­ly proven mR­NA plat­form and use it to ef­fec­tive­ly change how the world blocks hu­man­i­ty’s most per­sis­tent vi­ral foes.

In ad­di­tion to their pre-ex­ist­ing vac­cine pro­grams, ex­ec­u­tives an­nounced new ones for flu, where vac­cines have chron­i­cal­ly un­der­per­formed, and HIV, which has elud­ed every in­oc­u­la­tion ef­fort over near­ly 40 years. In flu, the oth­er mR­NA vac­cine com­pa­nies — BioN­Tech (with Pfiz­er), Trans­late Bio (un­der Sanofi), and Cure­Vac (with GSK) — all had sim­i­lar am­bi­tions, hop­ing to make shots that were as high as 80% ef­fec­tive.

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