Inovio up 12% on coronavirus vaccine plan

Inovio Pharmaceuticals (INO +12.3%) is up on a 4x surge in volume in response to its announced collaboration with Beijing Advaccine Biotechnology Co. aimed at advancing INO-4800, its vaccine candidate against 2019-nCoV, the virus causing the current outbreak.

Inovio is developing INO-4800 through Phase 1 in the U.S. with the support of an initial $9M grant from the Coalition for Epidemic Preparedness Innovations (CEPI).

The goal of the partnership with Advaccine is to accelerate development by conducting a parallel Phase 1 study in China.


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