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The short seller Citron Research has published a report comparing Inovio Pharmaceuticals, which is developing a DNA vaccine for COVID-19, to Theranos, the blood-testing company that infamously lied about using a technology that didn’t exist. Citron criticizes Inovio for making experimental vaccines during epidemics but never winning approval for one. Citron also questions Inovio’s claim that it designed a COVID-19 vaccine in 3 hours. Inovio has said it designed the vaccine quickly since all it needed to know was the virus’s genetic sequence.
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