December 4, 2020 Sophia Vida
Biotech & Pharma

Merck & Co. Sells its Stake in Moderna as it Coronavirus Vaccine Gets FDA Review

Multi-national pharmaceutical company Merck & Co. has sold its direct equity investment in biotech company Moderna who has been developing a COVID-19 vaccine. No terms of the sale have been disclosed. The former sold its investment of the latter in the first half of the fourth quarter according to a statement from the drug maker … Continue reading “Merck & Co. Sells its Stake in Moderna as it Coronavirus Vaccine Gets FDA Review”