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Initiating human trials is only one step in the long process of proving the safety and efficacy of a new therapeutic. Still, the timeframes to beginning testing for Moderna, BioNTech and CureVac are faster than typical for traditional vaccines.
Moderna (MRNA) stock rocketed today after the biotech company dosed the first patient in a study of its coronavirus vaccine. The drug aims to use a natural function called messenger RNA to protect against the SARS-CoV-2 virus that causes Covid-19.
The vaccine to protect against coronavirus has started to be tested in the US. Four patients received the jab. The vaccine contains a harmless genetic code copied from the virus that causes the disease.
Tesla (TSLA) stock plummeted 18.58% in trading on Monday from its previous close of $546.62 to $445.07. The stock has fallen amid the broader sell-off in U.S. markets.
European markets rallied, but then lost some of their gains, while markets in the Asia-Pacific region were mixed on Tuesday as investors tried to grapple with a disastrous Monday on Wall Street.
Stocks fell sharply on Monday even after the Federal Reserve cut rates amid the coronavirus outbreak. The S&P 500 dropped 9.3% while the Dow Jones Industrial Average lost 2,174 points. The Nasdaq Composite traded 9.3% lower.
Though a month ago TSLA stock was approaching $1000, today it is trading much lover. Its current price is below $500 in the premarket.
The story about hotels owned by Ronaldo turned out to be fake. But it has become known that LVMH will produce free hand sanitizer for French Hospital Authorities.
Cristiano Ronaldo joins the fight against Covid-19 that has triggered a global health scare and jolted the global sporting calendar. All CR7 hotels are set to be converted into hospitals.
Donald Trump’s coronavirus test came back negative, his personal physician revealed on Saturday. According to the doctor, the test was performed Friday night and the president “remains symptom-free”.