NEW YORK, July 3 ― Shares of Moderna Inc fell 7 per cent yesterday after medical news site STAT reported a delay in a large trial testing the biotech's potential coronavirus vaccine as the company makes changes to its study plan. The late-stage trial to test Moderna's vaccine candidate in 30,000...
Friday, 03 Jul 2020 07:36 AM MYT
Moderna reiterated that its trial will begin this month, and that the company has worked with the National Institutes of Health for its study plan. — Reuters pic NEW YORK, July 3 ― Shares of Moderna Inc fell 7 per cent yesterday after medical news site STAT reported a delay in a large trial testing the biotech's potential coronavirus vaccine as the company makes changes to its study plan.
Moderna reiterated that its trial will begin this month, and that the company has worked with the National Institutes of Health for its study plan.Companies including Pfizer and AstraZeneca Plc are racing to develop a vaccine for Covid-19, the illness caused by the new coronavirus that has killed 516,370 worldwide, according to a Reuters tally.
“The furthest along in US testing is an experimental vaccine from NIH's vaccine research centre in partnership with Moderna,” NIH Director Francis Collins said at Senate Appropriations hearing earlier on Thursday.Shares of Moderna were trading at US$57.61 . The stock has risen more than 200 per cent so far in 2020. ― Reuters
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