Moderna stepped onto the world stage last year when they pivoted the company's mRNA research to target COVID-19, scaled-up manufacturing, staffed up a sales and marketing team and then launched a highly effective shot.
Under that spotlight, CEO Stéphane Bancel and his team needed backup, Moderna decided. And the company brought in a security team to do just that.
In its annual proxy filing, the company disclosed that it shelled out more than $1 million on security for Bancel last year and spent smaller amounts on security services for other Moderna executives.
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