MarketWise: Moderna surges 177 percent on historic phase 3 mRNA cancer therapy results as biotech rallies

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Olga Shendetskaya

23.08.2026

MarketWise: Moderna surges 177 percent on historic phase 3 mRNA cancer therapy results as biotech rallies — Moderna jumps as biotech rallies

Moderna soared 177 percent after delivering positive phase 3 results for its personalized mRNA cancer therapy, marking the first phase 3 readout of its kind and fueling a surge across the biotech sector.

Merck hit a record high on the news while other cancer vaccine stocks also advanced sharply. The milestone result reinforces rising momentum in mRNA-based cancer treatments, attracting investor attention and potentially reshaping the biotech landscape. As positive trial data revive optimism, industry analysts are closely watching additional contenders developing mRNA cancer vaccines.

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Recent coverage by the author included AMD’s $5 billion AI infrastructure agreement with Anthropic, increasing competitive pressure on Nvidia (link). Earlier, Bitdeer unveiled a $4.7 billion plan to pivot from cryptocurrency mining to building AI data centers through a major Anthropic partnership (link). These developments highlight significant capital allocation shifts within the technology and biotech industries.

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