CAMBRIDGE, Mass., Oct. 24, 2013 /PRNewswire/ -- Moderna Therapeutics, the pioneering company developing messenger RNA (mRNA) therapeutics™, a revolutionary new treatment modality to enable the in vivo production of therapeutic proteins, has been named to the World Economic Forum's community of the fastest-growing "Global Growth Companies" (GGC).
Moderna is one of three North American global health companies to receive this year's honor and is recognized by the Forum for being an industry leader in innovative mRNA therapeutics. The company's initial focus is on developing and commercializing its therapeutics in oncology and rare diseases, and it will partner future drug candidates in areas such as cardiovascular and metabolic disorders. In addition, Moderna was recently awarded a grant by the United States Defense Advanced Research Projects Agency (DARPA) to develop mRNA drugs to protect against a wide range of known and unknown emerging infectious diseases and engineered biological threats.
"When choosing entrants to our Community of Global Growth Companies, we assess companies on their business model, annual revenues and growth rates, executive leadership and market position," said David Aikman, Managing Director, Head of New Champions, World Economic Forum. "Moderna is a pioneering group with clear potential to shape the future in its relevant business sectors and so is a perfect fit to our GGC community."
"We take our commitment to delivering on the promise of messenger RNA therapeutics very seriously, as it has the potential to transform the lives of patients with a wide range of diseases, including many that are untreatable today," said Stephane Bancel, president and founding CEO of Moderna.
|SOURCE Moderna Therapeutics|
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