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Moderna Inc (NASDAQ: MRNA) is continuing to trade lower Monday amid news surrounding Merck & Co Inc’s (NYSE: MRK) oral COVID-19 treatment. Merck, and Ridgeback, on Friday announced its investigational oral antiviral molnupiravir reduced risk of hospitalization or death by about 50% versus the placebo for patients with mild to moderate COVID-19 in Phase 3 interim analysis.
...read full article on Benzinga