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Moderna second-quarter revenue jumps fivefold on coronavirus vaccine development

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A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, May 18, 2020.

Brian Snyder | Reuters

Moderna reported Wednesday a fivefold increase in second-quarter revenue related to its work on a potential coronavirus vaccine. 

This is a developing story. Please check back for updates.

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