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AstraZeneca sold its 7.7 percent stake in Moderna for more than $1 billion: Report
![AstraZeneca sold its 7.7 percent stake in Moderna for more than $1 billion: Report AstraZeneca sold its 7.7 percent stake in Moderna for more than $1 billion: Report](https://medicaldialogues.in/h-upload/2020/09/04/750x450_133985-astrazeneca2.webp)
New Delhi: AstraZeneca Plc has sold its 7.7% stake in Moderna Inc for more than $1 billion after the U.S. biotechnology company's shares soared on the back of its coronavirus vaccine breakthrough, The Times reported.
Read also: AstraZeneca, Novavax say tie-up with Serum Institute key to mass production of Covid-19 Vaccines
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751