US stocks rose on Tuesday as better-than-expected economic data outweighed mounting concern over a second wave of COVID-19 cases. The Dow Jones industrial average’s 18% gain in the three-month period from April through June marked the index’s best quarterly return since 1987. US consumer confidence jumped in June the most […]
Inovio has rallied 860% year-to-date as investors bid up the company’s stock in hopes of the successful development of a vaccine for COVID-19. On Tuesday, Inovio fell as much as 17.8% after the company released early Phase I data on its INO-4800 COVID-19 vaccine. The company said 94% of Phase […]
Healthy volunteers in Philadelphia and Kansas City, Missouri, will begin testing an experimental coronavirus vaccine starting this week. Inovio Pharmaceuticals, a small biotech in Pennsylvania, received regulatory clearance to begin testing. The Bill and Melinda Gates Foundation and other nonprofits have poured funding into Inovio’s vaccine project. The biotech said […]
Shares of Inovio Pharmaceuticals, Moderna Inc., and Novavax Inc. all surged Monday as China’s coronavirus spread further. On Thursday, the Coalition for Epidemic Preparedness Innovations announced that it will provide as much as $US11 million in funding to the three companies to develop new vaccines against the Wuhan strain. Here’s […]
