Moderna Therapeutics

  www.modernatx.com
  www.modernatx.com

Moderna Therapeutics Reviews

Updated August 27, 2014
Updated August 27, 2014
18 Reviews
1.6
18 Reviews
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  1. 2 people found this helpful  

    Not sure who wrote these negative reviews. I've had nothing but great experiences.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Cambridge, MA
    Current Employee - Anonymous Employee in Cambridge, MA

    I have been working at Moderna Therapeutics full-time (less than an year)

    Pros

    The thing about Moderna is you have to be exceptional at your job. Plain and simple. The ethos of the company is to hire only the best, and it shows. The people from CEO, to finance, to scientists, to facility management are all fantastic, and they expect you to be fantastic, too. If you're not, you'll feel the pressure to excel. This is handled either by meeting the expectations of the organization or leaving. Welcome to biotech in the 2010's, things are competitive.

    Cons

    All the usual things you'd find at a company experiencing hyper growth. Since things move so fast, sometimes it's hard to see the bigger picture. It's a lot like building an airplane mid-flight.

    Advice to ManagementAdvice

    Mis-steps by upper management should be admitted to the company by email and include an explanation of why the wrong decision was made. Accountability must scale, or faith in the top will crumble.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Exciting technology, great potential, awesome team of scientists and leaders

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Cambridge, MA
    Current Employee - Anonymous Employee in Cambridge, MA

    I have been working at Moderna Therapeutics full-time (less than an year)

    Pros

    Benefits are excellent. More holidays, lower health insurance premiums and better salary than the large pharma benefits at my last position. The perks of free lunch, iPad, free parking, completely paid cell phone bill, free catered lunch are all nice too. Moderna has done a great job at hiring really smart and dynamic people who I enjoy interacting with.

    Cons

    It's right in Kendall Square which can make for a challenging commute. This is not a place to come and do the minimum to get by. You need to work hard and be prepared to put a few extra hours in but it's not a sweat shop. The management team seem like good people who are all invested in getting this technology to the clinic and helping patients. It is a fast-paced company with many moving pieces. You need "comfort with ambiguity". Sometimes there is too much focus on speed instead of slowing down and fully understanding issues that arise.

    Advice to ManagementAdvice

    Communicate more. Err on the side of good science instead of speed.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3. 4 people found this helpful  

    No hope for Moderna

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Moderna Therapeutics full-time (less than an year)

    Pros

    Free lunch, nice location, nice benefits

    Cons

    There are no good upper level scientists. Small company but everything is not transparent (scientifically), no company meeting to show any scientific data, maybe nobody knows what they are doing or there is no good data to show?!. Moderna is just a business firm, not a Biotech company.Hope something can come out from $500 million dollars.

    Advice to ManagementAdvice

    Please hire some smart and intelligent scientists

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 5 people found this helpful  

    Is Moderna the next Genetech?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Cambridge, MA
    Current Employee - Manager in Cambridge, MA

    I have been working at Moderna Therapeutics full-time (more than 3 years)

    Pros

    Wonderful access to Kendall Square and a great place to meet up with friends from MIT or who work for companies that are actually commercializing products for alfresco lunches. Senior management is generously compensated and tends to have a taste for the finer French things in life.

    Cons

    Moderna is not the next Genetech, but their checks don't bounce if you get my drift. Moderna is more like a poor man's Sirtris Pharmaceuticals. Their science is indeed mysterious...ie dark arts.

    Advice to ManagementAdvice

    Instead of diverting resources on expensive public relations campaigns, focus on supporting your scientists and staff so the company may someday move forward. Be upfront with new employees about the company's past and where we are headed now. Engage with former employees who left the company (for various reasons) who might still have much to offer.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 6 people found this helpful  

    Soul-destroying sweat shop where employees are disposable assets

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Moderna Therapeutics full-time

    Pros

    Good benefits, health plan, 401k etc.

    Cons

    Stressful, toxic atmosphere that brings out the worst in everyone. Goddamn awful management team whose plans change daily, who talk all the time about the Moderna "family" in our employee meetings but then fire people on a whim (the rate of employee turnover here has to be seen to be believed). No rational vision for the company beyond maybe convincing somebody who believes all the media hype to buy it so that management can bail with fat checks in their hands.

    Advice to ManagementAdvice

    Employees need to be respected and valued for their contributions. You can't build a successful company on the backs of indentured servants. If you put half as much thought and energy into the actual science that goes on in the lab as you do into business deals and exit strategies you might eventually have something real to sell people that isn't just self-aggrandizing hype.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 7 people found this helpful  

    Most stress I've ever experienced; terrible management with no clear direction.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Moderna Therapeutics full-time

    Pros

    Exciting mission, excellent people in the trenches, great perks (lunch, paid parking, decent benefits -- 2% 401(k) match, PPO reimbursement, etc).

    Cons

    Priorities change with the wind. No clear vision of getting something successful out the door.
    High rate of forced turnover for a variety of reasons.
    Terrible work-life balance -- the expectations are very high and it's not uncommon or irregular to see techs in the lab past midnight, days in a row.

    Advice to ManagementAdvice

    Employees need better visibility on the direction of the company and they need better.
    More thoughtful planning is needed. Given the high-pace it's far too tempting to change priorities in a second...those changes have serious consequences and leads to a great deal of waste and anxiety.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 9 people found this helpful  

    Amazing how Management does not change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Employee in Cambridge, MA
    Current Employee - Employee in Cambridge, MA

    I have been working at Moderna Therapeutics full-time (less than an year)

    Pros

    There is potential for a new and exciting technology that could define a new class of therapeutics. The company has a few very scientifically strong Scientists and Research Associates that have provided the key data to make the unheard of deal that was made with Astra Zeneca.

    Cons

    The management is extremely arrogant and believes everyone beneath them is replaceable. They preach behaviors are just as important as performance; however, they do not treat their employees with respect at all. The CEO runs the company like a dictatorship and shows absolutely no respect for anyone but he demands everyone respect him. The CSO is incompetent and lacks the basic knowledge of how to run proper experiments. The company is growing but so is the negativity internally and the bad reputation externally.

    Advice to ManagementAdvice

    Stop being so arrogant and realize that maybe the reason you were able to do that deal with AZ is because you have some very talented individuals working for you because if you don't they will continue to leave in droves....

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 14 people found this helpful  

    toxic environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Associate in Cambridge, MA
    Current Employee - Research Associate in Cambridge, MA

    I have been working at Moderna Therapeutics full-time (less than an year)

    Pros

    snacks and soda are provided

    Cons

    Moderna has unrealistic expectations of time commitment for all employees. The workloads are outrageous and extremely high turnover puts more stress on already strung out employees who remain. Bad science practices, blame and finger pointing abound and poor management and lack of planning send reverberations throughout the entire company on a daily basis.

    Doesn't Recommend
    Negative Outlook
  10. 9 people found this helpful  

    Working at Moderna is different work experience for better or worse

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Indentured Servant
    Current Employee - Indentured Servant

    I have been working at Moderna Therapeutics full-time (less than an year)

    Pros

    The strength of Moderna is in the potential of the technology that we are working on. For the most part the people working in the lab make it easier to deal with some of the stress and pressure thrown at the research staff by upper management.

    Cons

    The poor planning and the changing of experiments and goals on the fly makes it extremely difficult at times to execute the proper experiments. There is also a sense of disrespect towards the research associates by upper management. The feeling is that they do not care about our personal time and our personal obligations outside of the Moderna building. This has lead to a turn style type turnover in employees. Some of the turnover was a good thing for the company as it removed some of the excess baggage; however, there also has been very skilled people who have left the company and that can not happen if Moderna is going to be succesful.

    Advice to ManagementAdvice

    It is important for management to realize that they need to respect their employees time and opinions because there are many very skilled and intelligent people in the lab that are not easily replaced. The compensation and benefits offered also need to become more competitive or people will continue to leave.

    Neutral Outlook

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