Looks totally dodgy. Announces a very nicely worded positive result from their Phase 1 trial - with antibodies from only 8 patients:
https://investors.modernatx.com/news-releases/news-release-details/moderna-announces-positive-interim-phase-1-data-its-mrna-vaccine
- then on the same day announces a USD $1.3 billion public offering. And the CEO flogs of $700K of his own shares the following day at a price lower than the price of the PO. And a MASSIVE culture problem:
https://www.statnews.com/2016/09/13/moderna-therapeutics-biotech-mrna/
Hard to believe really.
Will Moderna Vaccine progress effect MSB SP?, page-23
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