Sunshine Biopharma Inc (SBFM): 24/7 Market News- U.S. government plows...

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Monday, 07/27/2020 1:57:17 PM

Monday, July 27, 2020 1:57:17 PM

24/7 Market News- U.S. government plows more into its existing Moderna contract
iCrowd Newswire
28th July 2020, 02:24 GMT+10

DENVER, Colo., July 27, 2020- Moderna (NASDAQ:MRNA) was the weekend's big Corona winner, as the U.S. government adjusted its existing contract, by increasing funding, by up to $472 million, for a "significantly" larger Phase 3 study of the company's COVID-19 mRNA vaccine candidate (mRNA-1273).

This is the latest Operation Warp Speed development that has been driving the biotech market and this dynamic seems to be lifting the venture biotech market, as well, with multiple venture listings, like Emmaus Life Sciences, Inc. (OTCQB:EMMA), Innovation Pharmaceuticals (OTCQB:IPIX), AXIM® Biotechnologies, Inc. (OTCQB:AXIM), GeoVax Labs, Inc. (OTCQB:GOVX), and Sunshine Biopharma Inc. (OTCQB:SBFM), which is currently making the most aggressive gains.

https://www.bignewsnetwork.com/news/265909895/247-market-news--us-government-plows-more-into-its-existing-moderna-contract

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