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'Moderna Of China' Gets $700m Injection As Investors Bet Big On Domestic mRNA Vaccines

Meteoric Rise For Abogen

Executive Summary

Despite a pending domestic approval for BioNTech/Fosun's COVID-19 vaccine, China’s apparent belief in another, domestically developed, mRNA vaccine sees a large group of investors pour hundreds of millions into a little-known private bioventure founded by an ex-Moderna scientist and poised to take on the US biotech.

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