The Feds’ Risky Billion Dollar Bet On Moderna Pays Off As FDA Authorizes Its Covid-19 Vaccine

In early 2020, the federal government took a gamble on a plucky startup that had never had an approved medication could produce a Covid-19 vaccine. On Friday, it got paid off as Moderna’s vaccine got a regulatory signoff and will start being distributed this weekend—on a $3 billion contract.Read More

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