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Commercial Operations

All articles tagged with #commercial operations

healthcare2 years ago

"Moderna's Cancer Vaccine and Keytruda Combo Shows Promising Results in Melanoma Trial"

Moderna's stock surged by 14% after the announcement that its personalized cancer vaccine, developed in collaboration with Merck, reduced the risk of late-stage melanoma by 49%. The company is also working on bringing more vaccines to market, including one for RSV in 2024 and a flu vaccine in 2025. Moderna's CEO, Stéphane Bancel, will personally oversee commercial operations until 2025, aiming to expedite decision-making processes and strengthen customer relationships. The company has a strong pipeline with 40 products in development, and Wall Street expects its flu, RSV, and COVID-19 vaccines to contribute to a $100 billion portfolio.

via Yahoo Finance|
#cancer-vaccine#ceo#commercial-operations
technology2 years ago

Joby's Electric Flying Taxis Cleared for Takeoff with FAA Approval

Joby Aviation has received regulatory approval from the Federal Aviation Administration to conduct flight testing of its electric flying taxis. The California-based company plans to deliver two aircraft to the US Air Force in 2024 and aims to launch commercial passenger services in 2025. Joby has partnered with Delta Airlines for passenger transportation, and Toyota has invested $400 million in the development of its eVTOL aircraft. France is also preparing for electric air taxis to be used during the 2024 Summer Olympics, with Volocopter seeking regulatory approval to become the supplier for the event.

via Quartz|
#commercial-operations#delta-airlines#electric-flying-taxis
space-tourism2 years ago

Virgin Galactic successfully completes final test flight for commercial space tourism.

Virgin Galactic completes its first spaceflight in nearly two years after safety upgrades to its fleet. The flight was the fifth time the space tourism company had brushed the boundary of space and is likely the final test before commercial operations begin in late June with members of the Italian Air Force as the first paying customers. The company has sold about 800 tickets over the past decade, with the initial batch going for $200,000 each, and tickets now cost $450,000 per person. Virgin Galactic aims to conduct 400 flights per year from its spaceport in southern New Mexico once it finishes building its next class of rocket-powered planes at a facility in neighbouring Arizona.

via Al Jazeera English|
#commercial-operations#italian-air-force#safety-upgrades