Everest Medicines Poaches Moderna mRNA Cancer Vaccine Experts to Boost Global Pipeline
Event summary
- Everest Medicines appointed Lakshmi Srinivasan, PhD, as Senior Vice President, Head of Translational Medicine, and Brandon Coder, PhD, as Vice President, Translational Sciences & Discovery, both from Moderna.
- The hires aim to strengthen Everest's global R&D capabilities in mRNA therapeutics, particularly in cancer vaccines.
- Everest plans to launch a Phase 1b investigator-initiated trial of EVM16 in Q4 2026 and submit a U.S. IND application for EVM16 in early 2027.
- EVM14 Phase 1 study completion is expected in Q1 2027, following FDA and NMPA IND clearances in 2025.
The big picture
Everest Medicines is positioning itself as a key player in the mRNA therapeutics space, particularly in cancer vaccines, by leveraging talent from Moderna. The appointments come as the company advances its proprietary AI+mRNA platform and seeks to compete with established players in the oncology market. The strategic hires underscore Everest's commitment to global innovation and its ambition to become a leader in mRNA-based cancer treatments.
What we're watching
- Pipeline Acceleration
- Whether the new leadership can expedite the development of Everest's mRNA cancer vaccine pipeline, particularly EVM16 and EVM14.
- Global Expansion
- The pace at which Everest can expand its presence in the United States while maintaining strong R&D capabilities in China.
- Regulatory Success
- How Everest will navigate the regulatory landscape for its mRNA therapeutics, given the upcoming IND submissions and clinical trials.
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