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Moderna surges as Merck ramps up collaboration on cancer vaccine

Por: The Boston Globe Business October 13, 2022

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COVID-19 vaccine maker Moderna’s stock rose the most in two months after Merck & Co. said it would exercise an option to work in partnership with the biotech on a messenger RNA cancer vaccine.Moderna will receive $250 million from Merck in exchange for joint development and future commercialization of the vaccine that’s currently in mid-stage clinical trials, according to a statement from the companies. Moderna shares rose as much as 13... + full article



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