2018 report in Business Times :
https://www.businesstimes.com.sg/technology/edbi-joins-us500m-funding-round-for-us-biotech-moderna
EDBI, the investment arm of the Singapore Economic Development Board, has joined a group of investors in a US$500 million (S$656 million) funding round for US biotech Moderna Therapeutics.
With the completion of this funding round, Moderna has nearly US$1.4 billion in cash on its balance sheet in addition to its potential access to up to nearly US$250 million in grants from the Bill & Melinda Gates Foundation, the Biomedical Advanced Research and Development Authority, a division of the Office of the Assistant Secretary for Preparedness and Response within the US Department of Health and Human Services, and the Defense Advanced Research Projects Agency.
https://www.businesstimes.com.sg/technology/edbi-joins-us500m-funding-round-for-us-biotech-moderna
EDBI, the investment arm of the Singapore Economic Development Board, has joined a group of investors in a US$500 million (S$656 million) funding round for US biotech Moderna Therapeutics.
With the completion of this funding round, Moderna has nearly US$1.4 billion in cash on its balance sheet in addition to its potential access to up to nearly US$250 million in grants from the Bill & Melinda Gates Foundation, the Biomedical Advanced Research and Development Authority, a division of the Office of the Assistant Secretary for Preparedness and Response within the US Department of Health and Human Services, and the Defense Advanced Research Projects Agency.
