While stock markets tumble on coronavirus fears, this Montco biotech firm is soaring

While global stock markets plunged Monday amid concerns about the spread of a new strain of the coronavirus, the share price of a Montgomery County biopharmaceutical company working on a potential vaccine continues to soar. Inovio Pharmaceuticals (NASDAQ: INO) of Plymouth Meeting is one of two companies to receive grants from the Coalition for Epidemic Preparedness Innovations (CEPI) to support work on a potential vaccine against the recently emerged coronavirus strain. CEPI, a public-private alliance…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news