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BioWorld - Sunday, June 22, 2025
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Home » Drug developers on rise, led by Moderna, while other stocks stumble
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Drug developers on rise, led by Moderna, while other stocks stumble

Aug. 18, 2021
By Karen Carey
Bioworld’s Drug Developers Index is at its highest point this year, up 4.99%, despite some index members receiving FDA complete response letters and reporting lower-than-expected sales within the last month. Moderna Inc., with its mRNA-1273 COVID-19 vaccine gaining more traction worldwide, is largely responsible for the rise, with its own shares (NASDAQ:MRNA) up nearly 285%.
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