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Global Statistics

All countries
695,781,740
Confirmed
Updated on September 26, 2023 9:04 pm
All countries
627,110,498
Recovered
Updated on September 26, 2023 9:04 pm
All countries
6,919,573
Deaths
Updated on September 26, 2023 9:04 pm

Global Statistics

All countries
695,781,740
Confirmed
Updated on September 26, 2023 9:04 pm
All countries
627,110,498
Recovered
Updated on September 26, 2023 9:04 pm
All countries
6,919,573
Deaths
Updated on September 26, 2023 9:04 pm

Moderna rally loses steam over COVID-19 vaccine worries

Vuori September Sale: Save up to 40% Off Hoodies, Joggers, Tees and More

SUMMER'S IN THE rearview, and Vuori is giving us the best reason to celebrate fall: its September sale. It's my favorite season of the year, and as a style editor, I love it because I get to layer up with joggers, hoodies, and long-sleeve performance tops that work just as well for workouts as they

Resilience under pressure: Study reveals ambulance staff’s adaptive response to COVID-19

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Quadruplet Promising in Older Patients With Transplant-Ineligible Multiple Myeloma

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Why mosquitos might be attracted to you

Researchers in the Netherlands turned a major music festival into an unexpected laboratory to investigate a question that has long puzzled scientists and bug-bitten individuals alike: What makes some people more irresistible to mosquitoes than others? For three consecutive days at the Lowlands festival in Biddinghuizen, Netherlands, scientists set up a unique pop-up research site

FILE PHOTO: A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, U.S., May 18, 2020. REUTERS/Brian Snyder

(Reuters) – Shares of biotechs racing to make coronavirus vaccines, including Moderna Inc (MRNA.O), fell about 10% on Wednesday, as investor concerns grew about the prospects of the experimental products that are still in early stages of development.

Moderna’s stock has more than doubled this year, on the back of early positive data from its experimental vaccine, among the first to be tested in humans in the United States for the virus.

Shares of the company fell as investors questioned the widely accepted timeline of 12 to 18 months for developing a vaccine for the new coronavirus, and also worried about a lack of granular data on the vaccines, analysts said.

“The stock was due for a pullback on some concerns around timing of COVID-19 vaccine deployment,” said Oppenheimer analyst Hartaj Singh.

The 12-18 months timeline was too aggressive, Merck & Co Inc (MRK.N) Chief Executive Officer Kenneth Frazier told the Financial Times on Tuesday.

“We will certainly have doses (of coronavirus vaccines) by the end of the year, I just don’t think we will have data to support widespread inoculation by then,” Scott Gottlieb, former commissioner of the U.S. Food and Drug Administration, said on CNBC.

Moderna’s shares tumbled over 16% on Tuesday after a report in medical news website Stat highlighted side effects in a volunteer taking part in a trial testing the company’s vaccine.

Wall Street was also concerned about a lack of data on the experimental vaccines under development, said Roth Capital Partners analyst Yasmeen Rahimi.

Shares of other companies developing the vaccines such as Inovio (INO.O) and Novavax (NVAX.O) fell between 9% and 10% in afternoon trading on Wednesday, while Moderna was down 11%.

Reporting by Manas Mishra in Bengaluru; Editing by Shinjini Ganguli and Sriraj Kalluvila

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Vuori September Sale: Save up to 40% Off Hoodies, Joggers, Tees and More

SUMMER'S IN THE rearview, and Vuori is giving us the best reason to celebrate fall: its September sale. It's my favorite season of the year, and as a style editor, I love it because I get to layer up with joggers, hoodies, and long-sleeve performance tops that work just as well for workouts as they

Resilience under pressure: Study reveals ambulance staff’s adaptive response to COVID-19

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Quadruplet Promising in Older Patients With Transplant-Ineligible Multiple Myeloma

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Vuori September Sale: Save up to 40% Off Hoodies, Joggers, Tees and More

SUMMER'S IN THE rearview, and Vuori is giving us the best reason to celebrate fall: its September sale. It's my favorite season of the year, and as a style editor, I love it because I get to layer up with joggers, hoodies, and long-sleeve performance tops that work just as well for workouts as they

Resilience under pressure: Study reveals ambulance staff’s adaptive response to COVID-19

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Quadruplet Promising in Older Patients With Transplant-Ineligible Multiple Myeloma

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