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COVID-19 DNA Vaccine Halt Another Blow To AnGes

R&D Starts On Intranasal Vaccine

Executive Summary

AnGes has terminated R&D work on a DNA vaccine for COVID-19 and will now look at intranasal candidates with a US partner. Although the original project received funding from the Japanese government, a spike in related costs caused the Japanese firm's net loss to triple last year, and the decision represents the latest in a string of pipeline setbacks.

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