Want to join the conversation?
As per the collaboration & license agreement between $MRK and Moderna Therapeutics, $MRK will make a cash payment of $200MM to Moderna, which will be used to lead all R&D efforts through proof of concept. This cash will also be used to fund part of the GMP manufacturing facility in Boston for manufacturing personalized cancer vaccine.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.