Ocugen shares plunged 12% in premarket trading.
The World Health Organization (WHO) says that it has suspended the Bharat Biotech-developed COVID-19 vaccine known as Covaxin for supplies through United Nations agencies. The U.S. biotech, Ocugen (NASDAQ:OCGN), has partnered with Hyderabad-based vaccine maker to introduce Covaxin to the U.S. market.
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