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Personalis Extends Collaboration with Merck and Moderna to Advance Cancer Care
Dec 19, 2024•over 1 year ago
Contract Type
partnership
Description
Personalis, Inc. has extended its collaboration with long-time collaborators Merck and Moderna through agreements that accelerate the advancement of the company’s business strategy. This includes an investment from Merck and a multi-year extension with Moderna to utilize Personalis’ ImmunoID NeXT Platform® and technology for V940/mRNA-4157, an investigational individualized neoantigen therapy (INT), being jointly developed by Merck and Moderna.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months