Shares of pharmaceutical enterprise Moderna (MRNA) are on the rise despite first quarter losses.
Moderna chief executive officer Stéphane Bancel tells Yahoo money management Senior Reporter Anjalee Khemlani that the enterprise is busy developing updated coronavirus vaccines for the 2024-2025 season and recently announced an expansion into the Brazilian industry. As the coronavirus pandemic has shifted toward an endemic, Bancel explains how Moderna continues to innovate, sharing a positive outlook on phase two data for a combination flu and coronavirus vaccine.
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