Source: Motley Fool
Despite a worldwide race to develop a COVID-19 vaccine, China’s CanSino Biologics (SEHK: 6185) didn’t make huge headlines when it announced last week that its COVID-19 vaccine candidate had been approved for widespread use among members of the Chinese military. Between the vaccine’s small population of eligible recipients, its limited efficacy, and its intense side effects, nobody seems to be clamoring to license it for manufacturing outside China. CanSino’s stock price has also remained shockingly unperturbed by the company’s breakthrough.
CanSino’s stock price has also remained shockingly unperturbed by the company’s breakthrough. Its highs from May show no sign of returning, and its trading volume remains nearly flat. Nonetheless, after the stock’s triple-digit growth this year so far, investors are right to be fearful of missing out on future returns with CanSino or another COVID-19 vaccine stock.
The best of the Muslim Times’ collection for war against Covid 19:
In this day and age, understanding bacteria and viruses and developing vaccines are national security issues. In my view sizable part of every country’s defense budget should be spent in these pursuits rather than making tanks and other weapons.
For the latest news about drugs and vaccines’ trials please go to: Pharmaceutical-Technology
For the latest health news from BBC, Please click here
The Muslim Times has the best collections in the war against Covid 19 as we are collecting from all the established sources
For the number of cases and epidemiology in each country go to: WorldOMeters
DAILY NEW CASES AND DEATHS IN US, CDC SITE