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On Monday, biotech company Moderna launched phase three of its coronavirus vaccine trial with 30,000 participants in the U.S.

Moderna received an additional $472 million from the U.S. government to support the development of its coronavirus vaccine. It has now received about $955 million for its work. The biotech company said it remains on track to be able to deliver about 500 million doses of a vaccine per year.

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This segment aired on July 27, 2020.