2017 - https://www.statnews.com/2017/01/10/moderna-trouble-mrna/

All the big pharma companies, except Moderna, abandon mRNA therapeutics because their trials kept inducing terrible side effects.

Moderna, the lavishly funded start-up, pivots and goes all in on vaccines

“It’s all vaccines right now, and vaccines are a loss-leader,” said one former Moderna manager. “Moderna right now is a multibillion-dollar vaccines company, and I don’t see how that holds up.”