AstraZeneca Cashes In Moderna Chips

Sold 7.7% Stake In US COVID-19 Trailblazer

The firms' messenger RNA alliance inked back on 2013 is still very much ongoing but AstraZeneca decided to sell its considerable stake in the high-profile biotech to help finance its own pipeline.

money chest
AstraZeneca R&D coffers boosted by Moderna stake sale • Source: Shutterstock

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