AstraZeneca has sold its stake in Moderna for more than $1 billion - The Times


  • World
  • Monday, 01 Mar 2021

FILE PHOTO: The AstraZeneca logo is pictured outside the AstraZeneca office building in Brussels as part of the coronavirus disease (COVID-19) vaccination campaign, Belgium, January 28, 2021. REUTERS/Johanna Geron

(Reuters) - 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.

The report added that it was not clear over what period British-based AstraZeneca sold its holding in Moderna.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Car bomb kills Russian general in Moscow, investigators say
1MDB: MACC to bring back recovered paintings worth over RM120mil
High-level Turkish team to visit Damascus on Monday for talks on SDF integration
Sweden releases boarded Russian freighter after customs inspection
Vietnam's top leadership talks heat up as Communist Party meets
South Korea parliament passes bill to launch probe into 2024 Jeju Air crash
Homemade bombs thrown before Bondi mass shooting, but failed to detonate, police tell court
Japan prepares to restart world's biggest nuclear plant, 15 years after Fukushima
Remaining 130 abducted Nigerian students have been released, president's spokesman says
China-Serbia digital art exhibition explores time, space, heritage

Others Also Read