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Upcoming Korean COVID-19 Vaccine Trial Marks Key Milestone for Inovio (INO); 5-Star Analyst Says ‘Buy’

Global economies have started reopening, yet the battle against COVID-19 wages on. Researchers and healthcare organizations are racing to develop a vaccine capable of preventing COVID-19 infections, and Wall Street is speculating as to who will emerge victorious.To this end, investor focus has locked in on Inovio Pharmaceuticals (INO). On June 4, Inovio, the International Vaccine Institute (IVI) and Seoul National University (SNU) Hospital announced they would collaborate on the initiation of a Phase 1/2 trial of INO’s COVID-19 DNA vaccine, INO-4800, in South Korea later this month. This will mark the country’s first COVID-19 vaccine clinical study, with it being funded by the Coalition for Epidemic Preparedness Innovations (CEPI) through INO, and supported by both the Korea Center for Disease Control and Prevention of Korea National Institute of Health.Taking a closer look at the study’s design, it is broken down into two stages. These include the evaluation of the candidate’s...