financetom
Business
financetom
/
Business
/
Moderna co-founder Robert Langer to step down from vaccine maker's board
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Moderna co-founder Robert Langer to step down from vaccine maker's board
Jul 23, 2024 5:29 AM

July 23 (Reuters) - Robert Langer, co-founder and a key

figure behind Moderna's ( MRNA ) scientific success, will step

down from the vaccine maker's board on Aug. 5, the company said

on Tuesday.

WHY IT MATTERS

Langer played a crucial role in the development of Moderna's ( MRNA )

messenger RNA COVID vaccine, which is the biotech's only

commercial product.

Moderna ( MRNA ) said it expects to focus recruitment efforts on

individuals with scientific and innovation experience.

CONTEXT

Langer is one of the nine Institute Professors - the highest

honor awarded to a faculty member - at the Massachusetts

Institute of Technology. He was the chairman of the U.S. Food

and Drug Administration and is considered the most cited

academician in history.

He heads the Langer Laboratory that focuses on studying the

delivery and mechanism of drugs based on genetically engineered

proteins, DNA and RNA.

Additionally, Moderna ( MRNA ) said director Stephen Berenson, who

has been on the board since 2017, will also step down. David

Rubenstein, co-founder and co-chairman of the Carlyle Group ( CG )

, will replace him.

KEY QUOTES

"After many years of service as a co-founder and member of

Moderna's ( MRNA ) Board of Directors, I have decided that now is the

right time for me to step down," Langer said.

"As one of Moderna's ( MRNA ) co-founders, Bob (Robert) is one of the

visionaries responsible for making mRNA medicines a reality, and

his insights have enabled the company to positively impact

hundreds of millions of lives," Moderna's ( MRNA ) chairman and

co-founder Noubar Afeyan said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved