The resurgence of mRNA: vaccines are delivering the first major breakthroughs in the fight against cancer
Between cuts to federal funding and political controversies, the sector for these cancer vaccines has been through a difficult few months. New clinical data on melanoma and pancreatic cancer now appear to be turning the tide
Key points
Moderna and Merck have announced the first positive results from a Phase 3 trial of a personalised therapeutic vaccine against melanoma. This is news the sector has been waiting for for years: it is the first randomised Phase 3 trial to demonstrate, with statistical robustness, the benefit of a ‘neoantigen’ vaccine – that is, one tailor-made to recognise the specific tumour mutations in each patient.
The treatment, known as autogene Intismeran (formerly known as V940 or mRNA-4157), was tested in combination with the immunotherapy drug Keytruda in patients who had already undergone surgical removal of high-risk, stage IIB–IV cutaneous melanoma. The study, known as Interpath-001, involved 1,137 patients, who were randomised to receive Keytruda alone or Keytruda plus the personalised vaccine.
Preliminary results indicate a clinically and statistically significant improvement in both recurrence-free survival and the prevention of distant tumour spread, with no new safety concerns. The two companies have not yet released the full figures, which they will present at an upcoming international medical conference, but have already begun discussions with the regulatory authorities regarding a possible application for accelerated approval – a second attempt, following the rejection of an initial application by the FDA in 2024.
The market reacted enthusiastically
Moderna’s share price rose by as much as 160 per cent in a single trading session, Merck’s by around 11 per cent, and the Nasdaq Biotechnology Index as a whole hit an all-time high. Analysts at Barclays estimate that, for the melanoma indication alone, the treatment could generate annual sales of around $3 billion by 2035.
Beyond the stock market figures, the most significant clinical finding concerns the mechanism: the vaccine is manufactured by analysing the specific genetic mutations of the tumour surgically removed from each patient, in order to train the immune system to recognise up to thirty different targets present on the diseased cells. It is this same principle – extreme personalisation, with production times reduced thanks to mRNA technology – that is driving the testing of similar approaches for lung, breast, bladder, kidney and, above all, pancreatic cancers.


