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Autolus Stock Jumps On Cancer mRNA Therapeutics Agreement With Moderna

  • Autolus Therapeutics plc (NASDAQ: AUTL) has granted Moderna Inc (NASDAQ: MRNAan exclusive license to develop and commercialize mRNA therapeutics incorporating Autolus’ proprietary binders for up to four immuno-oncology targets.
  • Autolus would be eligible to receive an upfront payment for each target licensed by Moderna and milestone payments. 
  • In addition, Autolus would be entitled to receive royalties on net sales.
  • Price Action: AUTL shares are up 16.9% at $6.22, while MRNA stock is +2.1% at $360.95 during the premarket session on the last check Monday.

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