Moderna stock jumps as officials say virus vaccine development has 'no glitches'
Shares of Moderna Inc. MRNA, +17.30% gained 12% in trading on Friday after a U.S. health official said during a news conference that the use of Moderna's platform in coronavirus vaccine development had "no glitches" so far. The company had announced in January that it was working with the Coalition for Epidemic Preparedness Innovations on a vaccine for the novel virus. Officials say they hope to have a vaccine in clinical trials within months.
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