#lowvaccinesales

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    MODERN STOCK PLUNGES NEARLY 20% AS COMPANY REPORTS POOR COVID 19 VACCINE SALES AND R&D BUDGET CUTS

    Moderna Inc. (NYSE: MRNA) saw its stock plummet by nearly 20% following a significant announcement about its research and development (R&D) strategy. The biotechnology company revealed that it will cut its R&D budget by approximately $1.1 billion by 2027, representing a 20% reduction. This...