Close

Moderna to Acquire OriCiro Genomics for $85M

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Refeyn introduces new mass photometry products to streamline biomolecular analysis workflows

Refeyn, the company behind pioneering mass photometry technologies, has...

RoukenBio completes phase 2 discovery centre expansion and unveils new brand identity

RoukenBio, the Collaborative Research Organisation (CRO) formerly known as...

Revolutionizing Drug Valuation With Real-World Evidence

Determining the value of a medicine may be a...

Role of AI In Transforming Drug Discovery And Development

Artificial Intelligence (AI) is transforming the pharmaceutical industry, driving...

Moderna has announced it will acquire Japan-based DNA supplier OriCiro Genomics K.K (OriCiro) for $85m, marking the US company’s first acquisition since its 2010 launch.

Through the acquisition, Moderna will obtain OriCiro’s tools for cell-free synthesis and amplification of plasmid DNA, a type of DNA molecule for use in mRNA manufacturing.

“OriCiro’s technology strategically complements our manufacturing expertise and further accelerates our research and development engine,” said Stépahane Bancel, chief executive officer of Moderna. “We look forward to welcoming the OriCiro team to Moderna.”

Also commenting on the agreement, OriCiro’s chief executive officer, Nasir Kato Bashiruddin, said: “Moderna has demonstrated remarkable speed and ability to impact lives through their innovative platform and mRNA therapeutics. I am confident that our technology and talent will be a highly strategic fit with Moderna.”

OriCiro’s synthetic biology and enzyme technologies will support Moderna’s portfolio of therapeutics and vaccines, the company said.

In December 2022, a personalised mRNA cancer vaccine from Moderna and Merck & Co – known as MSD outside the US and Canada – was shown to benefit patients with high-risk melanoma.

Personalised cancer vaccines are designed to prime the immune system so that patients can generate tailored antitumour responses as part of their cancer treatment.

In October 2022, the companies announced that Merck had exercised its option to jointly develop and commercialise the vaccine in accordance with the terms of its existing collaboration and licence agreement.

“[The results are] highly encouraging for the field of cancer treatment,” Bancel said at the time of the announcement. “mRNA has been transformative for COVID-19 and now, for the first time ever, we have demonstrated the potential for mRNA to have an impact on outcomes in a randomised clinical trial in melanoma.”

He also outlined the companies’ plans to begin additional studies in melanoma and other forms of cancer “with the goal of bringing truly individualised cancer treatments to patients”.

Latest stories