Tue, 21-Oct-2025

US gives $71 million to pharmaceutical firm for coronavirus vaccine device

On Tuesday, Inovio Pharmaceuticals said it has received $71 from America’s Department of Defense (DoD) to boost the production of the firm’s devices that are used to administer the Covid-19 experimental vaccine into the skin. Shares of the drug developer rose almost 13 percent to $17.27 before the opening bell. The DoD funding will be … Read more