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CureVac Stock Drops After Final Results Confirm Its COVID-19 Vaccine Trails Rivals

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The German biotech company CureVac BV (NASDAQ: CVAC) announced on Wednesday after hours the final results of its late-stage COVID-19 vaccine trial showing 48% effectiveness at preventing the disease, which is slightly higher than seen in a preliminary readout. But it lagged the efficacy rates of more than 90% shown by Pfizer Inc (NYSE: PFE) – BioNTech SE (NASDAQ: BNTX) and Moderna Inc’s (NASDAQ: MRNA) mRNA shots.

...read full article on Benzinga

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