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AstraZeneca cashes in on Moderna in the midst of Covid-19 vaccine success

UK’s Pharmaceutical company AstraZeneca has sold its 7.7% stake in Moderna for more than USD $1 billion after the US biotechnology company‚Äôs shares soared on the back of its coronavirus vaccine breakthrough. The Times reported that it was not clear over what period British-based AstraZeneca sold its holding in Moderna. AstraZeneca is however retaining partnership […]