--British pharmaceutical giant AstraZeneca PLC has sold its stake in U.S.-based Moderna Inc. for more than $1 billion, The Times of London newspaper reports.

--AstraZeneca's holding in Moderna amounted to 7.7%.

--AstraZeneca didn't immediately respond to a request for comment from The Wall Street Journal.

 

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(END) Dow Jones Newswires

March 01, 2021 04:49 ET (09:49 GMT)

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