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Moderna shares drop 7% as melanoma vaccine trial results disappoint on distant spread benefits.

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26 Oct 2026, 16:14 WIB
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Bearish
Moderna shares drop 7% as melanoma vaccine trial results disappoint on distant spread benefits.

Moderna's stock fell 7% after its personalized melanoma vaccine, despite meeting its primary goal in a late-stage trial, showed less impact on distant cancer spread than earlier studies suggested. This has led investors to reassess the commercial potential of the vaccine, which is a key part of Moderna's cancer drug pipeline. Partner Merck's stock dipped slightly, while BioNTech and Pfizer saw smaller declines or steadiness due to their more diversified portfolios. The next key step is whether the full trial data supports a regulatory filing, which will influence Moderna's stock recovery and the vaccine's market outlook.

Moderna's stock is down 8.21% at USD 183.68 on Pluang as of Oct 26, 2026 20:32 WIB, reflecting ongoing investor caution. Merck's shares show a slight decline of 0.12%, trading at USD 145.10, while BioNTech is down 2.18% at USD 86.19. Pfizer remains steady with a 0.50% gain, priced at USD 30.18 on the platform.

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