Industryweek 5462 Moderna Promo

Moderna Therapeutics Announces Expansion in Massachusetts

Oct. 22, 2013
The new site will be the center of Moderna's R&D and provide a significant increase in laboratory space for formulation, screening, and both in-vivo and in-vitro studies.

Moderna Therapeutics, a company which is developing messenger RNA therapeutics, a new treatment modality to enable the in vivo production of therapeutic proteins, announced last week the expansion of their headquarters to Technology Square in Cambridge, Massachusetts.

With the addition of the new space, Moderna will have up to 100 full-time employees at two locations by the end of 2013.

"We are thrilled to expand our presence in Massachusetts, the country's most important hub of biotech innovation, which has been a great source of talent and ideas to Moderna from its earliest days," said Stephane Bancel, president and founding CEO of Moderna.

The new site will be the center of Moderna's R&D and provide a significant increase in laboratory space for formulation, screening, and both in-vivo and in-vitro studies.

"On behalf of the team at the Massachusetts Life Sciences Center, congratulations to Moderna on its expansion here in the Commonwealth," said The Massachusetts Life Sciences Center (MLSC) CEO Dr. Susan Windham-Bannister. "We are pleased to have awarded Moderna 2011 and 2012 Tax Incentives tied to their new job creation in Massachusetts and look forward to the great R&D efforts in 'messenger RNA Therapeutics' that will be taking place in this new space."

The MLSC is an investment agency that supports life sciences innovation, research, development and commercialization. The MLSC is charged with implementing a 10-year, $1-billion, state-funded investment initiative.

Popular Sponsored Recommendations

Discover How an Eye Tracking Study Improves Training Procedures

Oct. 29, 2023
Did you know that your training processes can be streamlined by visualizing and analyzing key skills within your employee base? Find out how we use eye tracking to capture advanced...

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

Decarbonization Navigator: A Toolkit for Organizations

Sept. 28, 2023
The increasing urgency of addressing climate change along with stakeholder pressures are driving the need for organizations to prioritize decarbonization. Discover how to start...

A Quantitative Comparison of Digitized Industrial Automation Systems

Aug. 9, 2023
This paper presents data gathered from actual field research. The data suggests that a move away from traditional, heavily engineered, and proprietary systems to user experience...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!