• Controversial Startup Moderna Just Filed for the Biggest Biotech IPO Ever

    11 days ago - By Fortune

    Moderna Therapeutics just filed for what would be the biggest biotech IPO in U.S. history.
    Moderna, which would list as MRNA under the NASDAQ, is looking to raise a staggering $500 million in a public offering. The biotech unicorn has already built a mammoth early valuation of more than $7 billion in private money despite having no products on the market or much in the way of clinical data to back up its hype.
    The latter fact has earned the company sustained criticism from outlets such as STAT News .
    Moderna's IPO offering would be facilitated by Morgan Stanley , Goldman Sachs , and...
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