In 2022, U.S.-based mRNA specialist Moderna spent around 3.3 billion US dollars on research and development.
The use of mRNA as a drug takes a fundamentally different approach to treating diseases than other drug classes. mRNA is the instruction that cells in the human body use to make proteins and send them to various locations in the body. mRNA drugs make use of normal biological processes to create proteins and achieve the desired therapeutic effect. This enables the potential treatment of a wide variety of diseases, many of which cannot be treated with current technologies.
R&D spending of leading mRNA biotech companies in 2020 and 2022
(in million U.S.dollars)
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Statista. (August 21, 2023). R&D spending of leading mRNA biotech companies in 2020 and 2022 (in million U.S.dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1274631/top-mrna-companies-randd-spending/
Statista. "R&D spending of leading mRNA biotech companies in 2020 and 2022 (in million U.S.dollars)." Chart. August 21, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1274631/top-mrna-companies-randd-spending/
Statista. (2023). R&D spending of leading mRNA biotech companies in 2020 and 2022 (in million U.S.dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1274631/top-mrna-companies-randd-spending/
Statista. "R&d Spending of Leading Mrna Biotech Companies in 2020 and 2022 (in Million U.S.Dollars)." Statista, Statista Inc., 21 Aug 2023, https://www.statista.com/statistics/1274631/top-mrna-companies-randd-spending/
Statista, R&D spending of leading mRNA biotech companies in 2020 and 2022 (in million U.S.dollars) Statista, https://www.statista.com/statistics/1274631/top-mrna-companies-randd-spending/ (last visited October 31, 2024)
R&D spending of leading mRNA biotech companies in 2020 and 2022 (in million U.S.dollars) [Graph], Statista, August 21, 2023. [Online]. Available: https://www.statista.com/statistics/1274631/top-mrna-companies-randd-spending/